Micron Rockets 12%, SanDisk Leaps 10% as Tight Memory Supply Fuels Parabolic AI Trade

Micron Rockets 12%, SanDisk Leaps 10% as Tight Memory Supply Fuels Parabolic AI Trade

The post Micron Rockets 12%, SanDisk Leaps 10% as Tight Memory Supply Fuels Parabolic AI Trade appeared first on 24/7 Wall St.. Quick Read The memory stock rally continues as Micron (MU) has delivered Q1 2026 non-GAAP EPS of $4.78 beating expectations by 21% with revenue of $13.64B, up 57% year-over-year, while SanDisk (SNDK) posted Q3 FY2026 EPS of $23.41, beating estimates by 60%. Structural memory chip shortages tied to AI infrastructure s…