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SK hynix, Sandisk race to fix AI’s next chip bottleneck
TheStreet45d agoneutral
SK hynix, Sandisk race to fix AI’s next chip bottleneck

Anyone who bought a laptop or built a gaming PC this year already felt memory prices climb. DRAM and NAND flash have gotten steadily more expensive as AI data centers absorb nearly every chip factories can produce, according to a Bloomberg analysis. On August 3, SK hynix and Sandisk released the ...

New Month, Same Jitters: AI Anxiety Creeps Into August
The Wall Street Journal47d agoneutral
New Month, Same Jitters: AI Anxiety Creeps Into August

Investors are kicking off a new trading month on an upbeat note. But that hasn’t stopped one of July’s most painful trends from carrying into August. Chip stocks and other companies tied to the AI trade are some of the biggest decliners today, with Micron Technology, Sandisk, Intel and Western Digital all down about 3% or more.

Wedbush raises the bar for two AI storage stocks
TheStreet53d agoneutral
Wedbush raises the bar for two AI storage stocks

Seagate Technology (STX) and Western Digital (WDC) supply high-capacity hard drives used by cloud providers to store the growing volumes of data produced by artificial intelligence workloads. The companies have become two of the market’s most closely watched AI infrastructure stocks as hyperscalers ...

Growth Is Off the Menu at Starbucks
The Wall Street Journal53d agoneutral
Growth Is Off the Menu at Starbucks

​📈 Follow our live markets data and coverage. Two years ago, Starbucks investors were having a lousy day following another depressing set of quarterly results. News of Brian Niccol’s hiring as chief executive boosted the coffee chain’s market value by $20 billion, or more than 25%, overnight.

Wall Street points toward gains as AI-focused companies recover some of last week's losses
Associated Press60d agoneutral
Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street pointed higher before the opening bell Tuesday with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks. Data storage companies SanDisk and Western Digital continued their mostly upward swings, each jumping more than 7% in early trading. Chipmakers Marvell Technology and Intel, which have also been riding the artificial intelligence roller coaster, rose 6.2% and 5.7% respectively.

Does Sandisk pay dividends? Will it split its stock?
TheStreet63d agoneutral
Does Sandisk pay dividends? Will it split its stock?

Sandisk was spun off as a separate, independent company by Western Digital in 2025, about a decade after it was purchased. The two now operate as independent, publicly traded companies, with Sandisk focusing on manufacturing flash storage cards, while Western Digital focuses on making hard disk ...

Which Stocks Are Hurting the Most?
The Wall Street Journal65d agoneutral
Which Stocks Are Hurting the Most?

The Nasdaq composite is down more than 1% this morning. Here are the stocks on the index that are getting hit hard: 💾 Chips, memory makers: Sandisk, Micron, AMD, SK Hynix's ADRs, Intel, Western Digital, Seagate, Arm, Broadcom, Nvidia and Marvell are all deep in the red.

Trump accounts’ Palantir sale hides a bigger AI shift
TheStreet73d agoneutral
Trump accounts’ Palantir sale hides a bigger AI shift

President Donald Trump’s investment accounts just put a familiar artificial intelligence trade next to a less obvious one. That doesn’t mean Trump himself did the trading. According to the source, external parties handled the accounts, and outside managers made the buying and selling choices. ...