SanDisk (NASDAQ:SNDK | SNDK Price Prediction) and Micron Technology (NASDAQ:MU) both just delivered the kind of quarters that memory investors dream about.
@CharlesSchwab's Nate Peterson explains the bearish case for the memory market and why Micron's (MU) performance could shape the industry's outlook. He also discusses Apple's (AAPL) partnerships with AI research labs to examine how advances in AI model compression could affect future memory demand.
Micron Technology stock rose more than 4% in early trading on Tuesday, recovering from the previous session's decline. The stock surged after KeyBanc raised its price target on the memory-chip maker, citing persistent supply shortages and expectations of continued price increases across memory markets.
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SanDisk, Micron, Seagate and Western Digital look attractive after a steep sell-off, supported by AI demand, improving pricing and lower valuations.
Micron (NASDAQ: MU) is paying its next quarterly dividend next week, on Tuesday, July 21, 2026, with eligible shareholders as of July 6 receiving $0.15 per share.
Something broke in Seoul, and the tremor reached Wall Street on Monday. South Korea's KOSPI has fallen roughly 25% from its June peak, and Korean equities plunged more than 20% in a single session, its worst day this month.
Micron stock can keep rising well beyond its recent gains, according to KeyBanc analysts. Just look at memory-chip prices.
Six simultaneous headwinds—including an antitrust lawsuit, insider selling, Meta Compute fears and slower DRAM pricing momentum—drove sentiment lower without materially changing Micron's earnings outlook. Micron has already sold out HBM production through 2027, while Samsung and SK hynix continue operating at exceptionally high utilization rates amid persistent AI memory shortages. Multi-year Strategic Customer Agreements are replacing volatile spot pricing, improving revenue visibility, and transforming memory into a more predictable AI infrastructure business.
The highly anticipated U.S. trading debut of SK Hynix NASDAQ: SKHY delivered on its initial promise by pricing at $158.14 and raising an unprecedented $28.1 billion on July 10. Shares quickly gapped above $170 as early buyers scrambled for exposure to the global leader in high-bandwidth memory (HBM).
Micron (MU) could produce exceptional returns because of its solid growth attributes.
Micron Technology, Inc. was my best investment of 2025 and generated nearly 1,400% return since April 2025 when I rated it a Strong Buy. MU has been one of my key holdings ever since. And I've been adding regularly. Now, the stock price has just dropped ~20% from its ATH. And it left investors wondering whether it's a time to sell or buy even more.