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Rate Rise Caps Memory Boom as Micron, SanDisk, Western Digital Decline
business16 days ago

Rate Rise Caps Memory Boom as Micron, SanDisk, Western Digital Decline

Memory and storage names fell 5–7% as rising Treasury yields compressed their valuations, snapping a strong 2026 run (MU +255%, SNDK +653%, WDC +211% YTD). Seagate and the Roundhill Memory ETF also slid about 6%, with the move attributed to a macro rate reset rather than company-specific news. The AI infrastructure story remains intact on the fundamentals, but investors should consider smaller positions given the higher cost of capital and lofty gains.

via 24/7 Wall St.|
#business#memory-stocks#micron
WD and HGST drive reliability beats Seagate and Toshiba in large fleet study
technology18 days ago

WD and HGST drive reliability beats Seagate and Toshiba in large fleet study

An IEEE peer‑reviewed study using Backblaze data (443,156 HDDs across 2013–Q2 2025, ~1.66 million drive-years) found HGST and Western Digital drives have lower adjusted failure rates than Seagate and Toshiba after accounting for age, capacity, temperature, and form factor. HGST failed at about 41% of Seagate’s rate; WD about 52%; Toshiba about 107%. The analysis addresses fleet-age biases and notes Toshiba’s failures rise sharply after ~60 months. Higher temperatures increase failure risk (about 2.1% per 1°C; ~23% per 10°C), while larger capacity drives tended to fail less (roughly 3.4% fewer failures per extra TB). Results pertain to enterprise data-center drives, not consumer PCs, and reflect biases from evolving drive mixes. About 0.52% of drives were removed without a recorded failure. Backblaze’s 2025 annualized failure rate was 1.36%.

via TechSpot|
#backblaze#hard-drives#reliability
Western Digital Beats Q4 Estimates, Outlook Triggers After-Hours Sell-Off
markets29 days ago

Western Digital Beats Q4 Estimates, Outlook Triggers After-Hours Sell-Off

Western Digital reported Q4 earnings of $3.56 per share on $3.75 billion in revenue, topping expectations of $3.29 and $3.69 billion. The company guided for fiscal Q1 2027 at about $3.85-$4.15 per share and $4.0-$4.2 billion in revenue, citing cloud and data workloads as growth drivers. Despite the beat, the stock fell roughly 9% in after-hours trading to around $473 on the outlook.

via Benzinga|
#earnings#guidance#markets
SanDisk Sparks the Week’s Biggest Implied Move as Memory Names Lead Movers
markets1 month ago

SanDisk Sparks the Week’s Biggest Implied Move as Memory Names Lead Movers

Benzinga’s Earnings Volatility Watch ranks the week’s top 10 implied moves around earnings, led by SanDisk (SNDK) with about a 17.5% move, followed by Western Digital (WDC) at roughly 13.4%, and others like AppLovin, Datadog, Cloudflare, Shopify and DoorDash. The note sits in a context of last week’s mega-cap results (MSFT and AMZN beat, AAPL and META pressured on margins) while Novo Nordisk and Eli Lilly are highlighted for GLP-1 headlines.

via Benzinga|
#earnings#implied-move#markets
Chipmakers rebound as AI memory names ride the dip-buying wave
business1 month ago

Chipmakers rebound as AI memory names ride the dip-buying wave

Micron (MU), Sandisk (SNDK), and Western Digital (WDC) trimmed losses and turned green after a dip in AI-memory names, as investors bought the dip amid renewed US–Iran tensions and softer AI-trade momentum following Samsung’s mixed profits. A Reuters report that Chinese startup DeepSeek is developing its own AI chip adds competition concerns. The rally hinges on a persistent high-bandwidth memory shortage that has boosted MU and peers, even as analysts warn hyperscalers could curb AI infrastructure spending through 2027; Fundstrat’s Tom Lee remains bullish on AI exposure. SK Hynix’s planned roughly $28 billion US IPO could test demand for AI stocks, underscoring that AI demand remains a key earnings driver this year despite volatility.

via Yahoo Finance|
#ai#business#memory-chips
AI spending optimism lifts memory players after Micron blowout
business2 months ago

AI spending optimism lifts memory players after Micron blowout

Memory and storage stocks rallied after Micron Technology posted strong results, reinforcing the view that AI-driven demand will accelerate capital spending. Sandisk jumped about 21% and Western Digital around 4%, with other tech names like Applied Materials also higher as the SOXX rose on the Micron beat. Investors remain willing to overlook short‑term volatility if the earnings outlook justifies elevated valuations, even as Nvidia slid on Qualcomm’s data-center revenue outlook; the broader semiconductor complex has helped drive a multi‑month tech rally as AI demand tightens supply.

via Yahoo Finance|
#ai-spending#business#micron
AI Memory Rally Lifts MU, SNDK as WDC Gains on Storage Boom
business3 months ago

AI Memory Rally Lifts MU, SNDK as WDC Gains on Storage Boom

Memory and storage stocks surged as the AI memory supercycle thesis goes mainstream: Micron jumped about 11% on Cloud Memory Unit revenue of $5.28B at a 66% gross margin and forecasting $18.7B in Q2 2026 revenue; SanDisk rose ~11% after Q3 FY2026 revenue of $5.95B with datacenter revenue $1.47B; Western Digital gained ~3% as non-GAAP gross margin topped 50% and the company lifted its dividend by 20%. The rally highlights tight supply in high-bandwidth memory, enterprise NAND, and HDDs, with year-to-date gains for MU, SNDK, and WDC running into the double digits (MU ~151%, SNDK ~528%, WDC ~176%).

via 24/7 Wall St.|
#ai-memory-supercycle#business#memory
Michigan's secret $261M megasite gamble ends with no factory
business5 months ago

Michigan's secret $261M megasite gamble ends with no factory

Bridge Michigan details how Mundy Township’s 2-square-mile megasite near Flint was built on $261 million in public subsidies and the targeted demolition of roughly 150 homes, all under heavy NDA secrecy to lure a semiconductor end user. Despite years of negotiations, a massive incentive offer and continued site work, no company ever committed to move in, and the project drew sharp criticism over transparency and the use of taxpayers’ money as residents watched homes and neighborhoods be cleared.

via Bridge Michigan|
#business#megasite#mundy-township
WDC Stake Sale Sparks SanDisk Selloff Amid Debt Move
market-news6 months ago

WDC Stake Sale Sparks SanDisk Selloff Amid Debt Move

SanDisk stock fell about 5.7% on February 17 and slid another ~2% in after-hours trading after Western Digital disclosed plans to exit its entire SanDisk stake by selling 7.51 million shares at $535–$555, raising up to $3.09 billion to reduce debt. SanDisk will not receive any proceeds. The sale aims to swap SanDisk shares for debt held by JPMorgan and Bank of America and comes as AI-driven demand supports NAND/DRAM demand. Analysts show mixed views on SNDK, with a Moderate Buy consensus and an average target around $637.33, implying roughly 8% upside from current levels.

via TipRanks|
#debt-reduction#market-news#sndk
WD monetizes SanDisk stake via $3B swap, triggering Sandisk share slump
business6 months ago

WD monetizes SanDisk stake via $3B swap, triggering Sandisk share slump

Western Digital confirmed plans to monetize its SanDisk stake through a debt-for-equity swap totaling over $3 billion, continuing the unwind of their split flash business; SanDisk stock dropped sharply, with after-hours losses over 8%, though SanDisk says it is not selling stock. WD also signaled about $4 billion in share buybacks and a plan to unload the remaining Sandisk stake, a move WD had telegraphed ahead of the spin-off’s February anniversary.

via Sherwood News|
#business#debt-for-equity-swap#sandisk
AI Surge Drains Hard-Drive Supply as WD Says 2026 Is Sold Out
technology6 months ago

AI Surge Drains Hard-Drive Supply as WD Says 2026 Is Sold Out

Western Digital says its storage capacity for calendar 2026 is largely sold out due to surging AI and enterprise demand, with capacity concentrated among its top seven customers and some 2027–2028 agreements already in place. With consumer sales shrinking to about 5% of revenue, memory shortages and higher prices are expected to persist as AI-driven demand outpaces supply.

via Mashable|
#ai#consumer-market#enterprise-demand