iHub News
1時間前
Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, NasdaqJuly 9, 2026 9:17 AM
IH Market News Futures Signal Higher Opening for U.S. Markets U.S. stock index futures pointed to a firmer start on Thursday, with investors looking to build on the mixed finish from the previous session. Technology shares, particularly semiconductor companies, were expected to provide early support after helping the Nasdaq recover from steep losses on Wednesday to close slightly higher. Nasdaq 100 futures climbed around 1%, aided by strong pre-market gains in Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK). Geopolitical Risks Remain a Key Focus Despite the positive tone in futures trading, investors continued to monitor developments in the Middle East. U.S. Central Command confirmed that American forces carried out another wave of strikes against Iran on Wednesday, targeting approximately 90 military sites in an effort to weaken Tehran’s ability to threaten commercial shipping through the Strait of Hormuz. “This is in retribution for yesterday’s bombing of ships by Iran. If it happens again, it will get much worse!” President Donald Trump wrote on Truth Social. Iran reportedly responded by launching attacks targeting Bahrain, Kuwait and Qatar. Speaking aboard Air Force One, Trump said Iran wants to “make a deal so badly,” while questioning whether the country is “worthy of making a deal.” Wednesday’s Session Ends Mixed Wall Street recovered significantly after a weak start on Wednesday, with the Nasdaq managing to finish in positive territory. The Dow Jones Industrial Average fell 576.76 points, or 1.1%, to 52,348.39, retreating further from Monday’s record closing high. The S&P 500 lost 21.14 points, or 0.3%, to end at 7,482.71, while the Nasdaq Composite added 51.96 points, or 0.2%, to close at 25,870.65. The initial sell-off followed President Trump’s announcement that the U.S.-Iran ceasefire was “over.” “As far as I’m concerned, it’s over,” Trump told reporters at the NATO summit in Ankara, Turkey, describing negotiations with Iran as a “waste of time.” The president later suggested the U.S. would “very probably” attack Iran “hard again tonight.” Oil Prices Influence Market Sentiment Trump’s comments initially sent U.S. crude futures more than 5% higher, reigniting concerns that rising energy prices could fuel inflation and keep interest rates elevated. However, equities recovered as oil prices retreated from their session highs. The latest military action followed confirmation from U.S. Central Command that more than 80 Iranian targets had been struck after recent attacks on commercial vessels in the Strait of Hormuz. Iran’s Revolutionary Guard Corps later claimed responsibility for attacks on U.S. military facilities in Bahrain and Kuwait. Sector Performance Housing stocks led the declines, with the Philadelphia Housing Sector Index falling 3.8% as investors reacted to the outlook for higher interest rates. Gold mining shares also weakened sharply as bullion prices declined, sending the NYSE Arca Gold Bugs Index down 3.6% to its lowest close in more than seven months. Airlines, banks and commercial real estate stocks also came under pressure. By contrast, energy companies benefited from higher crude prices, while semiconductor and computer hardware stocks outperformed, helping the Nasdaq recover during the session. Micron Technology stock price SanDisk stock priceThe post Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, Nasdaq appeared first on US Editors. Original: Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, Nasdaq
iHub News
3日前
Memory Stocks Advance as Analysts Highlight Attractive Entry PointJuly 6, 2026 7:38 AM
IH Market News AI Demand and Pricing Outlook Lift Sector Sentiment Memory and storage stocks moved higher in premarket trading on Monday after several analysts pointed to improving pricing trends and continued artificial intelligence demand as reasons for renewed optimism across the sector. Micron (NASDAQ:MU) rose 2.2%, SanDisk (NASDAQ:SNDK) gained 3.6%, Western Digital (NASDAQ:WDC) advanced 3.4%, and Seagate (NASDAQ:STX) added 1.8% before the opening bell. UBS Sees Tight Memory Supply Through 2028 UBS analyst Nicolas Gaudois increased his baseline forecast for DDR contract pricing, now expecting prices to rise 32% quarter over quarter in the third quarter of 2026, up from his previous estimate of 17%. His fourth-quarter forecast was also lifted to 18% from 12%. Gaudois believes the DRAM market will remain undersupplied “until at least 2Q28,” arguing that projected bit demand growth of 36.2% in 2027 significantly exceeds expected supply growth of 19.3%, leaving “too wide to close by then.” UBS now projects global memory industry revenue to reach $992 billion in 2026 before climbing to $1.76 trillion in 2027. The brokerage also described the recent decline in memory shares, which have fallen by an average of 17% from their June highs, as “likely temporary.” Citi Turns More Positive on Micron Citi added Micron to its 90-day upside catalyst watch list while increasing its average selling price growth forecasts for the second, third and fourth quarters of 2026 to 44%, 20% and 13% quarter over quarter, respectively. The brokerage cited strengthening demand for AI processors as a key driver behind the more optimistic outlook. Bank of America Sees Long-Term AI Opportunity Bank of America analyst Vivek Arya reiterated his Buy rating on Micron and maintained a price target of $1,550. Arya argued that “memory now represents roughly 35-40% of cloud AI capex, 2-3x vs. historical levels, yet memory stocks trade at sub-par 10x forward PE.” He also forecasts global spending on cloud computing and artificial intelligence infrastructure to approach $1.5 trillion by 2027, describing the recent weakness across semiconductor stocks as “a healthy reset, not a structural change in AI demand.” Micron Technology stock price SanDisk stock price Western Digital stock price Seagate stock priceThe post Memory Stocks Advance as Analysts Highlight Attractive Entry Point appeared first on US Editors. Original: Memory Stocks Advance as Analysts Highlight Attractive Entry Point
US Market News
7日前
Sandisk Announces Sampling of BiCS10 1Tb TLC 3D NAND Flash Memory Pushing Density, Power Efficiency and Performance to Support Data-Intensive WorkloadsJuly 2, 2026 7:00 PM
Business Wire BiCS10 TLC delivers up to 4.8Gb/s** NAND interface speed, 59 percent bit density improvement compared to BiCS8 and enhanced power efficiency Sandisk Corporation (Nasdaq: SNDK) today announced it is sampling its BiCS10 1Tb TLC, its 10th-generation 3D NAND flash memory technology. BiCS10 applies advanced lateral scaling techniques to achieve industry-leading 1Tb TLC memory density greater than 29Gb/mm2, improving bit density by 59 percent while delivering up to 4.8Gb/s** interface speed, a 33 percent improvement compared with 8th generation 3D flash memory currently in mass production. Built on Sandisk’s proven Bit-Cost Scalable (BiCS) 3D NAND architecture and CMOS directly Bonded to Array (CBA) technology, BiCS10 TLC also enhances data input/output power efficiency, reducing power consumption by 10 percent for input and 34 percent for output compared to the previous BiCS8 generation. “As the world becomes more connected, data-intensive and intelligent, NAND plays an increasingly mission-critical role in delivering the performance, efficiency and scale modern computing requires,” said Alper Ilkbahar, CTO at Sandisk. “BiCS8 set a new benchmark for 3D NAND by combining our wafer bonding capabilities with meaningful gains in density, performance, and efficiency. With BiCS10 TLC, we build upon that proven foundation to deliver faster interface speeds, higher bit density and improved power efficiency for our customers.” NAND flash memory is one of the most scalable semiconductor technologies today, and the foundation of what Sandisk builds. BiCS10 advances Sandisk’s long-term roadmap for scaling NAND through continued innovation in density, power efficiency, and architecture. It builds upon Sandisk’s CBA technology, which fabricates CMOS logic and the memory array on separate wafers before bonding them together with high-precision wafer-to-wafer alignment. BiCS10 TLC increases the number of memory layers to 332 and incorporates Toggle DDR6.0, SCA protocol and PI-LTT technology to support high-speed, low-power operation. The sampling milestone extends Sandisk’s BiCS roadmap with advancements that push density, power efficiency, and endurance in ways designed to support the next generation of data-intensive and AI-driven workloads. Key BiCS10 TLC technology highlights include: Up to 4.8Gb/s** NAND interface speed, a 33 percent improvement.* 332 memory layers with optimized floor plan efficiency, improving bit density by 59 percent.* Enhanced data input/output power efficiency, reducing power consumption by 10 percent for input and 34 percent for output.* Support for Toggle DDR6.0, SCA protocol1 and PI-LTT technology2 to enable high-speed, low-power operation. Sandisk leads the way in flash innovation, from increasing bits per cell over time to advancing technologies in controller architecture, firmware, packaging, and system flash that improve the performance, efficiency, and utility of flash at scale. With a unique portfolio of leading IP and global manufacturing footprint, Sandisk controls its entire production lifecycle from design to manufacturing to final assembly with global operations, resulting in exceptional quality control, cost efficiency, faster time to market, and strong supply chain resilience. About Sandisk Sandisk (Nasdaq: SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the moment, enabling them to keep moving and pushing possibility forward. Follow Sandisk on Instagram, Facebook, X, LinkedIn, YouTube. Join TeamSandisk on Instagram. *Compared with 8th-generation 3D flash memory currently in mass production (BiCS8). ** 1Gb/s is calculated as 1,000,000,000 bits/second. This value is obtained under specific our test environment and may vary depending on use conditions. 1 Technology wherein the bus for Command/Address input and the bus for data transfer are completely separated into different buses and are used in parallel. This reduces data input/output time. 2 Technology wherein power sources for existing 1.2V and additional lower voltage are utilized for the NAND interface power source. This reduces power consumption during data input/output. © 2026 Sandisk Corporation or its affiliates. All rights reserved. SANDISK and the SANDISK logo are registered trademarks or trademarks of Sandisk Corporation or its affiliates in the US and/or other countries. All other marks are the property of their respective owners. Product specifications subject to change without notice. Pictures shown may vary from actual products. Forward-Looking Statements This press release contains forward-looking statements within the meaning of U.S. federal securities laws, including, without limitation, statements regarding the expected performance, enhanced capabilities, and industry-leading positioning of Sandisk’s BiCS10 TLC technology; the role of NAND flash memory as a highly scalable, mission-critical technology for modern computing; Sandisk’s continued advancement of its long-term roadmap; and the impact, advancements and efficiency of Sandisk’s flash solutions in supporting next-generation data-intensive and AI-driven workloads. These forward-looking statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Key risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include: adverse changes in global or regional economic conditions, including the impact of evolving trade policies, tariff regimes and trade wars; volatility in demand for Sandisk’s products; pricing trends and fluctuations in average selling prices; exposure to execution, financial and market risks due to long-term agreements; inflation; changes in interest rates and a potential economic recession; the impact of business and market conditions; the impact of competitive products and pricing; the development and introduction of products based on new technologies and management of technology transitions; risks associated with strategic initiatives, including restructurings, acquisitions, divestitures, cost saving measures and joint ventures; risks related to product defects; difficulties or delays in manufacturing or other supply chain disruptions; reliance on strategic relationships with key partners, including Kioxia Corporation; the attraction, retention and development of skilled management and technical talent; risks associated with the use of artificial intelligence in business operations; changes to relationships with key customers or consolidation among the customer base; compromise, damage or interruption from cybersecurity incidents or other data system security risks; reliance on intellectual property; fluctuations in currency exchange rates; actions by competitors; risks associated with compliance with changing legal and regulatory requirements; and other risks and uncertainties listed in Sandisk’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K filed with the SEC on August 21, 2025 and Quarterly Report on Form 10-Q filed with the SEC on May 1, 2026, to which your attention is directed. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Sandisk undertakes no obligation to update or revise these forward-looking statements to reflect new information or events, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260702708804/en/ Investors: investors@sandisk.com
Media: mediainquiries@sandisk.com Original: Sandisk Announces Sampling of BiCS10 1Tb TLC 3D NAND Flash Memory Pushing Density, Power Efficiency and Performance to Support Data-Intensive Workloads
iHub News
1週前
Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the indexJune 30, 2026 8:28 AM
IH Market News Chipmakers reach unprecedented share of the benchmark Semiconductor companies now account for a record 19.7% of the S&P 500, almost four times their weighting of around 5% in June 2020, according to Citadel Securities strategist Scott Rubner. The sector’s influence has grown well beyond previous market peaks. Before the dotcom crash, semiconductor stocks represented just over 8% of the index, less than half their current share, highlighting the unprecedented concentration seen today. Nvidia (NASDAQ:NVDA) has been the biggest contributor to the sector’s expanding index weight during the artificial intelligence boom. However, gains have broadened to include companies such as Broadcom (NASDAQ:AVGO), TSMC (NYSE:TSM), ASML (NASDAQ:ASML), AMD (NASDAQ:AMD), along with memory-chip makers Micron (NASDAQ:MU) and SanDisk (NASDAQ:SNDK), further increasing the sector’s dominance. Passive investing continues to reinforce market concentration Rubner said the concentration has become self-perpetuating. As semiconductor shares outperform, their weighting within the index rises, prompting passive investment funds to allocate even more capital to the same companies. That additional demand then supports further price gains and increases index weights again. The trend has been amplified by exceptionally strong fund flows. According to Rubner’s analysis, exchange-traded funds attracted more than $1 trillion in inflows year-to-date through late June 2026, approximately 45% above the record pace seen during the same period last year. Valuation concerns continue to build Several market indicators are now signalling elevated valuations across the semiconductor sector. According to a Reuters report published on June 30, Bank of America’s proprietary Bubble Risk Indicator reached 0.91 for the PHLX Semiconductor Sector and 0.82 for the Technology Select Sector on a scale where one represents extreme bubble-like conditions. Meanwhile, LSEG head of earnings research Tajinder Dhillon noted that the S&P 500’s price-to-sales ratio has climbed to 3.22, well above its long-term average of 1.84. The widely followed Buffett Indicator, which compares total U.S. stock market capitalisation with gross domestic product, currently stands at 231.8%, indicating the market is “significantly overvalued.” Investors remain divided over the AI-driven rally Despite growing valuation concerns, not all market participants believe the concentration reflects a speculative bubble. JJ Kinahan, head of retail expansion and alternative investment products at Cboe Global Markets, argued that semiconductor suppliers remain well positioned compared with the companies investing heavily in artificial intelligence infrastructure. “The folks selling the picks and shovels are in incredibly good stead. Those buying them still have to prove that the billions and billions of dollars they’re spending is worth it.” The debate over whether hyperscale AI spending will ultimately generate returns sufficient to justify current semiconductor valuations has become one of Wall Street’s central investment questions. New-quarter fund flows could provide another boost Recent market performance has hinted at an early rotation away from the largest technology names. During the previous week, the S&P 500 declined 1.94% while small- and mid-cap stocks outperformed, suggesting investors may be broadening their exposure beyond megacap chip companies. Even so, Rubner highlighted July 1 as a potential near-term catalyst, with retirement contributions, target-date funds and systematic investment strategies expected to deploy fresh capital at the start of the new quarter. Given semiconductor companies’ record weighting within the S&P 500, those inflows could provide additional support for the sector in the short term. Over a longer horizon, however, future interest-rate decisions under Federal Reserve Chair Kevin Warsh could alter valuation assumptions and encourage institutional investors to reduce exposure to the sector. Nvidia stock price Broadcom stock price Taiwan Semiconductor stock price ASML Holding stock price Advanced Micro Devices stock price Micron Technology stock price SanDisk stock priceThe post Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the index appeared first on US Editors. Original: Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the index
iHub News
2週前
Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil PlummetsJune 26, 2026 8:54 AM
IH Market News The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index futures are down 38 points, or 0.07%. S&P 500 futures are down 34.50 points, or 0.46%. Nasdaq futures are dropping 342.25 points, or 1.15%. The 10-year Treasury yield is down to 4.382%. Volatility is amplified by a shift in macroeconomic expectations, as the market digests the possibility of further interest rate hikes by the Federal Reserve (Fed). Friday’s economic calendar begins with the release of preliminary data for the Goods Trade Balance and Wholesale Inventories for May, both published at 9:30 AM ET. At 11:00 AM ET, the final June data from the University of Michigan (UoM) will be released, including the Consumer Sentiment Index and, most notably, the 1-year Inflation Expectations (projected at 4.6%) and 5-year Inflation Expectations (projected at 3.4%). Shortly after, FOMC members will speak: Williams at 11:30 AM ET and Kashkari at 12:30 PM ET. The OpenAI Effect and the Semiconductor Tumble According to The New York Times, OpenAI is considering delaying its IPO. Reasons include the weak performance of SpaceX shares following its market debut and fears of sector volatility. JPMorgan and market analysts warn that this could slow down investments in technological infrastructure. As a result, the chip and memory sector suffered sharp global losses: Top Losses in Focus (US & Global) On Semiconductor (NASDAQ:ON): ? Drops more than 14% (after announcing the acquisition of Synaptics for $7 billion in stock). Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK): ? Fall around 4.8% (giving back part of the previous day’s gains). Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), Advanced Micro Devices (NASDAQ:AMD), and Intel (NASDAQ:INTC): Decline between 3% and 4%. SoftBank Group (Asia): ? Led losses in the region with a decline of over 12%, reflecting its heavy exposure as an OpenAI investor. ASML & Infineon (Europe): Drop 1.4% and 3.6%, respectively. Oil in Free Fall Despite rising geopolitical tensions in the Persian Gulf—following reports of an attack attributed to Iran against a Singaporean cargo ship in the Strait of Hormuz—investInvestors preferred to focus on the risks of a global economic slowdown, pushing energy commodities downward. At 8:12 AM ET, Brent crude oil contracts for August are down 3.4%, trading at $72.73 a barrel. US WTI crude oil is down 3.1%, trading at $69.73 a barrel. Energy Stocks: APA Corporation, Diamondback Energy, and Occidental Petroleum are trading down 1% to 1.5%. Gold Attempts to Stabilize The precious metal is attempting a slight technical recovery today, driven by US inflation data that came in flat, but the medium-term outlook remains challenging. Despite the daily gain, trading at $4,063, gold is on track to close its fourth consecutive week of losses, pressured by the specter of higher US interest rates. Silver follows the slight upward movement today, but also closes the week in negative territory. Against the Trend: Positive Highlights Amid the sea of red, a few companies managed to post gains in the pre-market: Synaptics (NASDAQ:SYNA): Rises 4.8% (boosted by On Semiconductor’s acquisition announcement). Rocket Lab (NASDAQ:RKLB): Rises 1.1% (after securing a NASA contract for launch services for two solar and climate research missions). Apple (NASDAQ:AAPL): Rises 0.7% (attempting a slight technical recovery after plunging 6.12% in the previous session, driven by price increases for iPads and MacBooks due to component costs). The post Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets appeared first on US Editors. Original: Wall Street Pre-Market: Futures Tumble as OpenAI IPO Delay Sparks AI Tech Rout, Oil Plummets
Crypttolit
4週前
$SNDK MARKET OUTLOOK — MONDAY OPEN
Stock market predictions for Monday point decisively to a sharply lower, risk-off open, as markets digest hot late-week wholesale inflation data and escalating geopolitical tensions in the Persian Gulf. The broader tech sector is under heavy pressure, and every indication is that the selling will accelerate rather than reverse. This is not a "buying opportunity" — this is the start of a sustained decline. All tech stocks and, in particular, all AI stocks are expected to be down, and down hard.
The verdict is clear on a few key factors:
Geopolitical & Economic Focus: Investors are bracing for the worst. Worsening international developments and intensifying volatility in the Schwab Market Update are set to drive sentiment firmly negative, with no realistic catalyst to halt the slide. Early selling pressure will only deepen as the session progresses.
The "Monday Effect": Historically, Monday markets follow the prevailing trend from the previous Friday. Last week closed under strong downward momentum, and that bearish sentiment will carry straight into Monday's open — dragging indexes lower from the bell.
Upcoming Data & Tech News: Weak preliminary consumer sentiment figures and the disappointing aftershocks of the recent major SpaceX IPO will weigh heavily on the tape. Tech and semiconductor stocks — the primary drivers of market volatility — are positioned to lead the entire market lower.
SNDQ — STRONG SELL: The standout loser this week is SNDQ. Ticker symbol SNDQ is predicted to fall sharply over the coming week, beginning Monday, and is rated a STRONG SELL. With AI and tech names collapsing across the board, SNDQ is among the most exposed and is expected to drop significantly. Avoid this name. Expect SNDQ to be down, and down materially, every session this week.
Bottom line: Everything is set to be down Monday — especially AI stocks — and SNDQ leads the decline as a STRONG SELL.
Crypttolit
4週前
MARKET OUTLOOK — MONDAY OPEN on $SNDK
Stock market predictions for Monday point decisively to a sharply lower, risk-off open, as markets digest hot late-week wholesale inflation data and escalating geopolitical tensions in the Persian Gulf. The broader tech sector is under heavy pressure, and every indication is that the selling will accelerate rather than reverse. This is not a "buying opportunity" — this is the start of a sustained decline. All tech stocks and, in particular, all AI stocks are expected to be down, and down hard.
The verdict is clear on a few key factors:
Geopolitical & Economic Focus: Investors are bracing for the worst. Worsening international developments and intensifying volatility in the Schwab Market Update are set to drive sentiment firmly negative, with no realistic catalyst to halt the slide. Early selling pressure will only deepen as the session progresses.
The "Monday Effect": Historically, Monday markets follow the prevailing trend from the previous Friday. Last week closed under strong downward momentum, and that bearish sentiment will carry straight into Monday's open — dragging indexes lower from the bell.
Upcoming Data & Tech News: Weak preliminary consumer sentiment figures and the disappointing aftershocks of the recent major SpaceX IPO will weigh heavily on the tape. Tech and semiconductor stocks — the primary drivers of market volatility — are positioned to lead the entire market lower.
SNDK — STRONG SELL: The standout loser this week is SNDK. Ticker symbol SNDK is predicted to fall sharply over the coming week, beginning Monday, and is rated a STRONG SELL. With AI and tech names collapsing across the board, SNDK is among the most exposed and is expected to drop significantly. Avoid this name. Expect SNDK to be down, and down materially, every session this week.
Bottom line: Everything is set to be down Monday — especially AI stocks — and SNDK leads the decline as a STRONG SELL.
iHub News
1月前
Semiconductor shares climb in premarket trade as investor confidence improvesMay 26, 2026 8:55 AM
IH Market News U.S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran. The rally followed strength across Asian markets, where artificial intelligence-linked technology stocks advanced in both Hong Kong and South Korea. Micron leads sector gains after bullish UBS upgrade Micron Technology (NASDAQ:MU) emerged as one of the strongest performers, rising 6% before the open after UBS more than tripled its price target on the company to $1,625. UBS said expanding long-term supply agreements across the memory sector could fundamentally reshape Micron’s earnings outlook over time. AI and chip stocks extend broader rally Elsewhere in the semiconductor sector, Marvell Technology (NASDAQ:MRVL) gained 5%, while SanDisk (NASDAQ:SNDK) advanced 3.1%. Qualcomm (NASDAQ:QCOM) rose 2.4%, and Advanced Micro Devices (NASDAQ:AMD) added 2.7%. Meanwhile, Arm Holdings (NASDAQ:ARM) climbed 1.7%, while AI chip leader NVIDIA (NASDAQ:NVDA) traded 1.2% higher. UBS highlights data centre demand as major growth driver Last week, UBS raised its year-end target for the S&P 500 index to 7,900, pointing to what it described as “seemingly insatiable demand for data center infrastructure” as a major factor supporting stronger earnings expectations. Middle East developments remain in focus Investors continue to monitor geopolitical developments in the Middle East, where the prolonged closure of the Strait of Hormuz has created heightened uncertainty across global financial markets in recent months. However, indications of progress in U.S.-Iran peace negotiations helped improve sentiment in Tuesday’s premarket session, although investors remain cautious given the fragile and evolving nature of the situation. Micron Technology stock price Marvell Technology stock price SanDisk stock price Qualcomm stock price Advanced Micro Devices stock price Arm Holdings stock price Nvidia stock price Original: Semiconductor shares climb in premarket trade as investor confidence improves
iHub News
2月前
Micron and SanDisk shares rise as Samsung workers prepare strike actionMay 20, 2026 6:38 AM
IH Market News Shares in Micron Technology, Inc. (NASDAQ:MU) climbed 3.9% in premarket trading on Thursday, while SanDisk Corporation (NASDAQ:SNDK) advanced 2.2%, as investors evaluated the potential impact of an upcoming strike involving workers at Samsung Electronics Co., Ltd. (KS:005930).Samsung’s South Korean labour union plans for around 48,000 employees to walk off the job on Thursday after negotiations over bonus payments failed to produce an agreement. The strike, scheduled to last 18 days, follows unsuccessful mediation efforts led by South Korea’s labour minister. Possible supply disruption could support rivals Any disruption to Samsung’s semiconductor operations could benefit competing memory chip producers including Micron, SK hynix Inc. and SanDisk if production capacity is affected.More broadly, the strike also raises concerns over potential economic consequences for South Korea, given Samsung’s importance to the national economy and global semiconductor supply chains.Union leader Choi Seung-ho said the union had accepted the final proposal put forward by the government mediator, but management refused to compromise on one remaining issue.“We express deep regret and feel disappointed but the union plans to go ahead with the strike according to the law,” Choi said.Samsung Electronics said in a statement that the union continued to demand conditions the company considered unreasonable, including bonus levels for business units currently operating at a loss.“The reason an agreement could not be reached is that accepting the labor union’s excessive demands would undermine the fundamental principles of company management,” the company said. Samsung shares recover after early losses Samsung shares finished Thursday’s trading session up 0.2%, after falling as much as 4% earlier in the day. Shares in key rival SK Hynix closed broadly unchanged.Meanwhile, Mizuho TMT specialist Jordan Klein said the broader supply outlook for memory chips remains tight.“going to remain well below DRAM and NAND demand all 2026 and probably all 2027. Pricing should at least hold high levels after rising further near term.”Micron Technology stock priceSanDisk stock price Original: Micron and SanDisk shares rise as Samsung workers prepare strike action
US Market News
2月前
Sandisk Announces Participation in Investor ConferencesMay 18, 2026 2:20 PM
Business Wire Sandisk Corporation (NASDAQ: SNDK) announced today management’s participation in the following upcoming investor conferences: Event: J.P. Morgan Global Technology, Media and Communications Conference
Date: Wednesday, May 20, 2026 at 7:00 a.m. PT / 10:00 a.m. ET Event: Bernstein’s 42nd Annual Strategic Decisions Conference
Date: Thursday, May 28, 2026 at 11:30 a.m. PT / 2:30 p.m. ET Event: Mizuho Technology Conference 2026
Date: Tuesday, June 9, 2026 at 12:20 p.m. PT / 3:20 p.m. ET The management presentations will be available as live webcasts, accessible through Sandisk's Investor Relations website at investor.sandisk.com. The archived replays will be accessible through the website after the conclusion of the presentations. About Sandisk Sandisk (Nasdaq: SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the moment, enabling them to keep moving and pushing possibility forward. Follow Sandisk on Instagram, Facebook, X, LinkedIn, YouTube. Join TeamSandisk on Instagram. Sandisk and the Sandisk logo are registered trademarks or trademarks of Sandisk Corporation or its affiliates in the U.S. and/or other countries. © 2026 Sandisk Corporation or its affiliates. All rights reserved. View source version on businesswire.com: https://www.businesswire.com/news/home/20260518975688/en/ Company Contacts:
Investors: investors@sandisk.com
Media: mediainquiries@sandisk.com Original: Sandisk Announces Participation in Investor Conferences
US Market News
2月前
Sandisk Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLCMay 14, 2026 8:00 PM
Business Wire Sandisk Corporation (Nasdaq: SNDK) (“Sandisk”) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to 100,000 shares of Sandisk’s common stock at an offer price of $1,150.00 per share. The shares subject to Tutanota’s offer represent less than 0.07% of Sandisk’s common stock as of April 24, 2026. The offer price of $1,150.00 per share is conditioned upon, among other things, the closing price per share of Sandisk’s common stock exceeding $1,150.00 per share on the last trading day before the offer expires. This means that unless this condition is waived by Tutanota, Sandisk stockholders who tender their shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration. Stockholders who have already tendered their shares may withdraw them at any time by providing notice in the manner described in the Tutanota offering documents prior to the expiration of the offer, which is currently scheduled for 5:00 p.m., Eastern Time, on Wednesday, May 20, 2026, unless extended. Sandisk recommends that stockholders who have not responded to Tutanota’s offer take no action. Sandisk does not endorse Tutanota’s unsolicited mini-tender offer and is not affiliated or associated in any way with Tutanota, its mini-tender offer, or the offer documentation. Tutanota has made similar unsolicited mini-tender offers for stock of other public companies. As Tutanota’s mini-tender offer is for less than five (5) percent of Sandisk’s outstanding shares, it is not subject to many of the disclosure and procedural requirements of Securities and Exchange Commission (“SEC”) rules that are designed to protect investors. The SEC has cautioned investors about mini-tender offers, noting that “some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price.” The SEC’s guidance to investors on mini-tenders is available at https://www.sec.gov/investor/pubs/minitend.htm. Sandisk encourages brokers and dealers, as well as other market participants, to review the SEC’s letter regarding broker-dealer mini-tender offer dissemination and disclosures at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm and the NASD Notice to Members 99-53 issued in July 1999 regarding guidance to members forwarding mini-tender offers to their customers, which can be found at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm. Stockholders should obtain current market quotations for their shares, consult with their broker or financial advisor, and exercise caution with respect to Tutanota’s mini-tender offer. Sandisk requests that a copy of this news release be included with all distributions of materials relating to Tutanota’s mini-tender offer related to Sandisk’s common stock. About Sandisk Sandisk (Nasdaq: SNDK) delivers innovative Flash solutions and advanced memory technologies that meet people and businesses at the intersection of their aspirations and the moment, enabling them to keep moving and pushing possibility forward. Follow Sandisk on Instagram, Facebook, X, LinkedIn, and YouTube. Join TeamSandisk on Instagram. © 2026 Sandisk Corporation or its affiliates. All rights reserved. Sandisk and the Sandisk logo are registered trademarks or trademarks of Sandisk Corporation or its affiliates in the US and/or other countries. All other marks are property of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514105215/en/ Company Contacts:
Sandisk Corporation Investor Contact:
Ivan Donaldson
E: ivan.donaldson@sandisk.com
investors@sandisk.com Media Contact:
Media Relations
mediainquiries@sandisk.com
Original: Sandisk Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLC
VortMax
2月前
Do your own DD, but
Research: AI is moving to inference (use) from building models (storage). Flash memory is used in inference. Inference compounds on each use as the flash has to incorporate the previous use. The biggest market for memory was storage the last 10 years, its now going to be inference, forever. Sandisk created flash memory. They are the gold standard. Flash memory is called the "heartbeat" of AI. Due to extreme use the product/wafers have to be replaced every 3 years or so. Flash is about 15% of the cost to build AI servers. There will be $3T in servers by 2030.. This will cost $450B in NVMe-based chips like Sandisk dominates that will be sold next 4 years. Sandisk has 30% of the world capacity to build them, and is the gold standard of what they want. Sandisk is increasing is capacity right now by 60%, at virtually no cost because its not building new factories, its upgrading existing, all in filings. Sandisk will be at about 50% of global AI NVMe-based supply for AI. The AI market will need $150B per year of these chips ongoing, assuming no increase in datacenter capacity (which we know it will increase). Due to replacement cycle and high premium for their products, should do $100B per year in sales for AI, at 80% margins, and stay that way, as the backbone of AI. Approaching current day pubcos:
Alphabet Inc. (GOOGL): Ranked as one of the most profitable companies, generating over $100 billion to $124 billion in net http://income.Apple Inc. (AAPL): Consistently generates over $90 billion to over $110 billion in net income http://annually.Microsoft Corporation (MSFT): Reported net income exceeding $100 billion in FY2025/2026, driven by cloud and AI growth.Saudi Aramco (ARMCO): Frequently cited as the world's most profitable company. As of April 2024, it reported roughly $120.7 billion in net profit, though profits can fluctuate based on oil prices.NVIDIA Corporation (NVDA): Experienced explosive growth, with net income exceeding $80 billion, and projected to increase to over $100 billion.
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