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Micron Rockets 11%, SanDisk Rallies 11%, Western Digital Up 3% on AI Memory Supercycle Bull Case
24/7 Wall St.90d agobullish
Micron Rockets 11%, SanDisk Rallies 11%, Western Digital Up 3% on AI Memory Supercycle Bull Case

Memory and storage stocks are surging in mid-morning Friday trading as the AI memory supercycle thesis goes fully mainstream. Micron Technology (NASDAQ:MU) stock is up 11%, SanDisk (NASDAQ:SNDK) stock is also up 11%, and Western Digital (NASDAQ:WDC) stock is up 3%. The synchronized move extends a parabolic stretch for the group. Micron stock has climbed ... Micron Rockets 11%, SanDisk Rallies 11%, Western Digital Up 3% on AI Memory Supercycle Bull Case

Jim Cramer Makes Big Prediction About Western Digital (WDC)
Insider Monkey90d agoneutral
Jim Cramer Makes Big Prediction About Western Digital (WDC)

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. Western Digital Corporation (NASDAQ:WDC) is one of the stocks discussed by Jim Cramer. Western Digital Corporation (NASDAQ:WDC)’s shares are up by a strong 990% over the past year and by 157% year-to-date. Bank of America discussed the firm’s shares […]

Western Digital Share Swap Highlights Separation Progress And Valuation Gap
Simply Wall St.91d agoneutral
Western Digital Share Swap Highlights Separation Progress And Valuation Gap

Western Digital has started a share swap that allows investors holding Sandisk shares to exchange them for NasdaqGS:WDC common stock. The company has outlined a plan to fully exit its remaining Sandisk stake through future exchanges or distributions, completing the separation after the Sandisk spinoff. Western Digital, trading on NasdaqGS:WDC, is taking concrete steps to simplify its structure by unwinding its remaining equity link to Sandisk. With the stock at $483.15 and very large multi...

BofA Lifts PT on Western Digital Corporation (WDC) Following Q3 Results
Insider Monkey91d agoneutral
BofA Lifts PT on Western Digital Corporation (WDC) Following Q3 Results

Western Digital Corporation (NASDAQ:WDC) is one of the top stock giants that were suddenly on fire in April. BofA lifted the price target on Western Digital Corporation (NASDAQ:WDC) to $572 from $495 on May 1, reaffirming a Buy rating on the shares. The firm stated that its FY26 revenue and EPS estimates move up to […]

Tech-led stealth rally pushes markets to record highs
Yahoo Finance Video91d agobullishVIDEO
Tech-led stealth rally pushes markets to record highs

U.S. stocks (^DJI, ^GSPC, ^IXIC) have rallied over the past three weeks, fueled by strong earnings and optimism around a potential resolution to the U.S.-Iran conflict. Yahoo Finance’s Julie Hyman and Head of News Myles Udland break down the stealth rally and spotlight some of the top names leading the tech-driven surge, including Intel (INTC), Sandisk (SNDK), Micron (MU), Seagate (STX), and Arm (ARM).

Western Digital Exit Reshapes Sandisk Ownership And Pure Play Appeal
Simply Wall St.91d agoneutral
Western Digital Exit Reshapes Sandisk Ownership And Pure Play Appeal

Western Digital has started a share swap involving its Sandisk holdings, exchanging Sandisk stock for Western Digital shares. The company also outlined a plan to fully exit its remaining Sandisk stake over time through additional exchanges or dividends. This marks a clear move toward separating the long running equity link between Western Digital and Sandisk. For Sandisk (NasdaqGS:SNDK), this comes at a time when the stock price is $1,409.98, with very strong recent momentum. The shares are...

Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”
Insider Monkey92d agoneutral
Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”

Sandisk Corporation (NASDAQ:SNDK) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer explained how the stock sells for relatively cheap despite huge runs, as he said: Western Digital and Sandisk have similar trajectories. That’s why their stocks can keep charging higher even though the moves seem just crazy. In reality, […]

Jim Cramer on Seagate: “They’re Practically Printing Money”
Insider Monkey92d agoneutral
Jim Cramer on Seagate: “They’re Practically Printing Money”

Seagate Technology Holdings plc (NASDAQ:STX) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer highlighted the company’s fall and impressive rise in earnings, as he commented: The storage stocks, Sandisk, Western Digital, and Seagate, being the big three, just don’t know when to quit. They’ve been on insane runs because […]

CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite
24/7 Wall St.92d agobullish
CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite

The CBOE Volatility Index (^VIX) is drifting back toward the 17 line as optimism returns to the S&P 500 and capital rotates into stocks. The VIX closed near 18 on Monday after dipping to almost 17 late last week, well below the peak above 31 recorded in late March. In a display of a shifting ... CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite

Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?
The Wall Street Journal92d agoneutral
Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?

Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk as well as hard-drive makers Seagate and Western Digital have all produced annual operating losses at least once in just the last three years. Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue.

Sandisk Spun Off From Western Digital Just Last Year. Now It’s a $200B Company.
Barrons.com92d agoneutral
Sandisk Spun Off From Western Digital Just Last Year. Now It’s a $200B Company.

Sandisk shares rose once more Tuesday, with the memory-chip company looking to join the likes of McDonald’s Verizon and PepsiCo when it comes to market value. Sandisk stock is currently on pace to surpass a $200 billion market capitalization for the first time since the company completed its spinoff from Western Digital on Feb. 24, 2025, according to Dow Jones Market Data. Sandisk advanced 13% to $1,413 on Tuesday, as investors continue to bet that the boom in construction of artificial-intelligence data centers will drive up memory demand.