Memory Stocks Rebound as Micron, SanDisk, Western Digital Rise
Micron (MU), SanDisk (SNDK), and Western Digital (WDC) saw significant gains amid a broader rebound in semiconductor stocks. The PHLX Semiconductor Index had dropped over 20% in the past month but is now recovering from oversold conditions, with JPMorgan highlighting limited supply additions before 2028 as supportive for memory margins.
Tickers: $MU $SKHYV $SNDK $WDC