The post SanDisk Soars 9%, Western Digital Rallies 5%, Micron Rises 3% as Memory Trade Reawakens appeared first on 24/7 Wall St..
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SanDisk (SNDK) stock surged 9% in midday trading with the stock up 3,852% over the past year, driven by Q3 revenue of $5.95B (up 251% YoY) and gross margins of 78%.
Western Digital (WDC) stock rose 5%, with Q3 non-GAAP gross margin reaching 51% as HDDs capture persistent data storage for all AI workload …