BofA Keeps Micron as Top Memory Pick as SanDisk Signals Structural AI-Driven Growth
BofA reaffirms Micron as its top memory pick, citing SanDisk’s outlook as proof AI is making demand more durable. Sees $200–$250 EPS by 2030.
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Sandisk Outlines Bold AI-Driven Roadmap and Long-Term Financial Model Through 2030
Sandisk shares rose as the company unveiled its AI storage roadmap, BiCS10 & HBF tech, durable deals, and a FY2028-30 plan targeting high teens growth, 80% margins, and 100% excess cash returns.
Sell-the-News Hit: SNDK and WDC Drop After Strong Beats and Solid Guidance
Sandisk and Western Digital beat Q4 estimates but shares dropped after-hours on profit-taking and guidance that fell short of ultra-bullish forecasts.
Micron Shares Drop as China’s CXMT Plans Second Beijing Chip Plant
China’s CXMT is considering a new memory-chip factory in Beijing using IPO funds, putting pressure on Micron and SK Hynix as it aims to double production capacity.
Micron to Invest $250 Billion in U.S. by 2035, Targeting 40% Domestic DRAM Production
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Samsung’s 19-Fold Profit Surge Fueled by AI Chips, But Shares Plunge on Boom Worries
Investors fear the AI rally may be peaking.