Memory and Storage Stocks Rebound Sharply Amid Samsung Earnings Surge
Western Digital (WDC) and Seagate Technology (STX) surged 7%, while Micron Technology (MU) and SanDisk (SNDK) climbed 6% as memory stocks reversed this week's selloff. The rebound was driven by Samsung Electronics' record Q2 earnings, which showed a 19x YoY profit increase.
Topics: AI_demand memory_stocks stock_prices