Battered chip stocks rebounded on Thursday following strong earnings from Microsoft and Lam Research. Memory stocks Micron and Sandisk jumped as Samsung warned of a memory crunch into 2028.
For now, the memory sector appears to be benefiting from a favorable combination of improving industry fundamentals and stronger market sentiment.
Memory stocks are rallying Thursday, clawing back a chunk of Wednesday's steep losses. Sandisk Corp.  (NASDAQ:SNDK), Micron (NASDAQ:MU), Seagate (NASDAQ:STX), Western Digital (NASDAQ:WDC), SK Hynix I
Micron Technology (NASDAQ:MU | MU Price Prediction) currently trades at $820.53, while Wall Street's average price target sits at $1,507.38, implying meaningful upside from here.

Why Micron Stock Finally Popped Today

09:57am, Thursday, 30'th Jul 2026
The AI narrative just shifted again, and now Micron is popular again.
There's a new red-hot memory chip stock in town, ChangXin Memory Technologies (CXMT), a lesser-known Chinese company that most investors probably never heard of before its blockbuster IPO and 531% sin
Wolfe Research Senior Analyst Chris Caso used a CNBC appearance on July 29 to defend the semiconductor sector after a sharp pullback, arguing that the physical infrastructure needed to trigger an over
Memory chip shortages are causing Micron's revenue and profits to skyrocket. If Micron hits analyst projections, shares would easily triple from today's levels.
Samsung ticked all the boxes in its earnings—a 1,814% surge in operating profit, record revenue and remarks suggesting the memory shortage will last through 2028.
Micron Technology, Inc. (NASDAQ:MU) stock slid by more than 2% during Thursday's premarket session as traders weigh a pullback in high-beta chip names even with a firmer overnight index tone. Nasdaq f
Shares of Micron Technology, Inc. (NASDAQ: MU - Get Free Report) have been assigned a consensus rating of "Buy" from the thirty-seven brokerages that are covering the firm, Marketbeat Ratings reports.
Micron Technology, Inc. (NASDAQ: MU - Get Free Report)'s stock price traded down 9.9% on Wednesday following insider selling activity. The stock traded as low as $737.88 and last traded at $739.00. 66
The pressure on Consumer Staples directly reflects the exhaustion of sector pricing power. Procter & Gamble's (PG) recent earnings miss and conservative outlook underscore escalating consumer pushback
Micron, Sandisk, Western Digital, and Seagate all trade at least 30% below their 52-week highs. Seagate reported fiscal fourth-quarter results that beat its own expectations this week and guided for m
The rapid jump in memory prices will continue in 2027 as demand outpaces supply. Micron has benefited big time from a surge in memory prices over the past year, and it can replicate its impressive gro
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