Memory Stocks Continue Strong Gains Amid AI Demand

Micron Technology (MU) rose 7%, Western Digital (WDC) and SanDisk (SNDK) climbed around 4% as memory stocks extended their parabolic rise driven by strong demand from the AI sector. Micron reported Q1 FY2026 revenue of $13.64B, up 57% YoY with non-GAAP EPS beating estimates.

By David Moadel Mon, June 1, 2026 at 9:38 PM GMT+3 5 min read · Yahoo Finance · June 1, 2026, 18:38 UTC

Memory Stocks Continue Strong Gains Amid AI Demand

Tickers: $MU $NVDA $SNDK $WDC

Topics: AI demand memory stocks semiconductors stock performance

Read the full article at Yahoo Finance

More World news

U.S. Trade Representative Jamieson Greer to Discuss Tariff Policies and Export Controls CNBC · November 12, 2026, 13:31 UTC
Coinbase CEO Brian Armstrong Discusses Binance Hack and Political Shifts Impacting Crypto CNBC · November 12, 2026, 13:44 UTC
Tradeify Announces Multi-Year Partnership with Inter Miami CF PR Newswire · November 12, 2026, 14:15 UTC
Bain & Company Report: AI to Reshape Banking Competition and Market Leadership PR Newswire · November 12, 2026, 14:15 UTC
Tradeify Announces Multi-Year Partnership with Inter Miami CF PR Newswire · November 12, 2026, 14:15 UTC
Tradeify Announces Multi-Year Commercial Partnership with Inter Miami CF PR Newswire · November 12, 2026, 14:15 UTC
Jensen Huang's Nvidia Stake Complicated by Joint Ownership with Spouse Following Resignation CNBC · November 12, 2026, 14:13 UTC
Vanguard Launches Vanguard Emerging Markets Bond Active ETF (VEMB) PR Newswire · November 12, 2026, 14:10 UTC
Nvidia CEO Jensen Huang Resigns Amid National Security Concerns; Colette Kress Appointed Interim CEO TechCrunch · November 12, 2026, 14:10 UTC
Vecima Networks Reports Q1 Revenue Growth of 37.4% with Non-GAAP EPS of $0.29 Seeking Alpha · November 12, 2026, 14:04 UTC