Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron's Earnings

Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron's Earnings

Micron Technology (NASDAQ:MU | MU Price Prediction) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294. ... Micron and Western Digital Rise 6%, SanDisk Gains 5% as Memory Stocks Rally Into Micron’s Earnings

The hottest areas of the AI trade will be in the memory market, says Constellation's Ray Wang

Ray Wang, Constellation Research CEO, joins 'Squawk Box' to discuss the state of the tech sector, what to expect from Micron's quarterly earnings results this week, impact of memory chips shortage, and more.

Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

Micron Technology surged 3.04% in Monday premarket to $1,168.46 as traders positioned ahead of June 24 fiscal Q3 earnings, with consensus EPS and revenue expectations now set above Micron’s own guidance, raising the risk that results merely in line with company forecasts could trigger a stock pullback despite strong AI-driven demand. The post Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar appeared first on Tec…