Sandisk (SNDK) rises 3% in premarket trading after teaming up with SK Hynix to standardize High Bandwidth Flash (HBF), a new memory tech designed to power efficient AI inference in data centers.
Western Digital is selling about $3.1 billion worth of Sandisk shares at a discount to reduce debt before a tax deadline.
SanDisk plans to double prices for high-capacity 3D NAND memory in Q1 2026 as AI infrastructure drives unprecedented demand for enterprise storage solutions.
Micron Technology delivers stunning Q1 results and forecasts Q2 revenue of $18.7B, far exceeding $14.2B estimates, driven by booming AI chip demand and supply shortages.
MSFT stock slid over 2% after a report claimed sales teams missed growth goals for Azure Foundry, an AI platform. Microsoft refuted the claim, denying lowered quotas.
Memory chip stocks rally in premarket trading as Samsung delays DDR5 pricing amid tripling spot prices, signaling tight supply and stronger margins ahead.
