Shares of memory chip makers, including Micron Technology and SanDisk Corp., advanced in premarket trading on Tuesday, amid weeks of volatility driven by profit-taking following lofty valuations, a rotation out of chip stocks, swings in Korean equities and geopolitical concerns stemming from the U…
SK Hynix announced at FMS 2026 that it has jointly released the first High Bandwidth Flash standard specification with Sandisk, about six months after the two companies formed an alliance in February. According to ChainCatcher, the standard was published through OCP and covers key specifications in…
After a week dominated by mega-cap earnings, with Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) sharply exceeding expectations while Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) were punished over margin concerns, the first week of August brings a different cast…
Welcome to Episode #449 of the Value Investor Podcast.Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.For months, value investors have been mostly locked out of the AI Revolution stock trade. The stocks, including…
Situational Awareness, the $20 billion hedge fund founded by former OpenAI employee Leopold Aschenbrenner, has reportedly sought to raise fresh capital from investors after suffering heavy losses during the recent rout in AI stocks.The development comes close on the heels of reports saying that the…
Memory chipmaker stocks surged after-hours after Amazon and Apple management, in their post-earnings calls, flagged that memory costs are likely to keep rising amid relentless demand as hyperscalers continue to build out large data centers.Micron Technology (MU), SanDisk (SNDK), Western Digital (WD…
SanDisk (SNDK) shares rose in premarket trading on Wednesday alongside a broader market recovery after the previous session's sell-off, while Morningstar said the AI-driven boom in NAND memory could continue to lift the stock in the near term. However, it added that the chipmaker lacks the competit…
Memory chip stocks dropped sharply in overnight trading ahead of Wednesday after SK Hynix reported quarterly numbers that came in below expectations.SanDisk and Western Digital stocks dropped 4% each, while MU dropped 2.6%. The Roundhill Memory ETF (DRAM) also declined 4%. South Korea’s KOSPI, wher…
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China’s memory chip giant CXMT has become the talk of the town from the U.S. to Asia. And American chipmakers are taking notice.CXMT Corp raised 57.92 billion yuan ($8.6 billion) in its Shanghai IPO, making it Asia’s biggest listing this year. The stock then soared an eye-popping 466% on its tradin…
AI memory and semiconductor stocks fell broadly Friday after steep losses in Asian markets spilled into U.S. trading, pressuring some of the year's strongest technology names.South Korea's Kospi plunged 5.7%, with SK hynix down about 11% and Samsung (SSNLF) Electronics falling nearly 8%. Japan's Ni…
Memory and semiconductor stocks posted strong gains on Tuesday, extending this week’s rebound after recent losses driven by a tech rotation and demand fears fueled by low-cost Chinese AI models.SanDisk stock rose 14.3%, while Western Digital and Micron Technology rose 12.5% and 12.2% respectively…
Tuesday, Wall Street investors sent the market soaring as they looked past geopolitical concerns and jockeyed for positioning in tech stocks ahead of earnings season. The Nasdaq, which has been the most beaten-down index, stormed back nearly 2%.Time to Buy the Dip in Momentum Stocks?High beta, tech…
After weeks of heavy selling in artificial intelligence and semiconductor stocks, UBS believes the sharp momentum unwind could be approaching its final stages, potentially opening the door for investors to gradually rebuild positions in the sector.The bank's trading desk said hedge funds have alrea…
Shares of key memory firms and neocloud operators rose in overnight trading on Sunday after a brutal week for AI-linked stocks, offering some relief from the worrying downtrend that has persisted since the start of July.Micron stock gained 2.5%, while SanDisk and Western Digital shares rose about 1…
SanDisk (SNDK) fell 12.63% Monday, July 13, and slid further after hours as a broad selloff hit memory and chip stocks. Several Wall Street analysts still raised or reaffirmed their price targets on the company despite the drop, according to BeInCrypto. Citigroup reiterated a $2,500 target and a bu…
Shares of Sandisk Corp. (SNDK) were caught in Monday’s broad-based chip selloff and have been hit by volatility across the memory sector in recent weeks. But Wall Street has reportedly looked past the weakness, with many analysts reaffirming or raising their price targets, citing stronger earnings…
U.S. stock indices ended lower on Monday as oil prices and bond yields spiked, following fresh U.S.-Iran tensions over the Strait of Hormuz, fanning inflation worries.The S&P 500 ended 0.8% lower, while the Nasdaq 100 fell 1.9% and the Dow Jones Industrial Average eased 0.3%. The Russell 2000, whic…
Goldman raised its price target on Sandisk Corporation (NASDAQ:SNDK) to $2,200 and kept a Buy, citing a stronger Q4 and tight NAND supply, while Meta’s move to build an AI chip and name Sandisk as a flash supplier ties the company to sustained AI datacenter storage demand ahead of August results.Pr…
U.S. stock futures slipped early Wednesday as a selloff in memory-chip stocks weighed on sentiment, while oil prices surged after President Donald Trump declared the ceasefire with Iran was over. Investors are also awaiting the release of the Federal Reserve’s meeting minutes later in the day and t…
