Micron Rises 7%, Western Digital Climbs and SanDisk Climb 4% as Memory Stocks Extend Parabolic Run
Micron (MU) reported Q1 FY2026 revenue of $13.64B, up 57% YoY with non-GAAP EPS of $4.78 beating estimates, while guidance for Q2 calls for $18.7B revenue and $8.42 EPS. Western Digital (WDC) posted Q3 FY2026 revenue of $3.34B, up 46% YoY with non-GAAP EPS of $2.72 beating estim
Micron (MU) reported Q1 FY2026 revenue of $13.64B, up 57% YoY with non-GAAP EPS of $4.78 beating estimates, while guidance for Q2 calls for $18.7B revenue and $8.42 EPS.
Western Digital (WDC) posted Q3 FY2026 revenue of $3.34B, up 46% YoY with non-GAAP EPS of $2.72 beating estimates and gross margin reaching 51%.
SanDisk (SNDK) delivered Q3 FY2026 revenue of $5.95B, up 251% YoY with EPS of $23.41 crushing the $14.66 estimate and Datacenter segment surging 645% YoY.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn't one of them. Get them here FREE .
Memory and storage stocks are catching another strong bid at midday Monday as the AI memory supercycle extends one of the most extraordinary runs in semiconductors. Micron Technology ( NASDAQ:MU ) stock is up 7% to around $1,041, Western Digital ( NASDAQ:WDC ) stock is gaining 4% to $554, and SanDisk ( NASDAQ:SNDK ) stock is adding 4% to around $1,758 in afternoon trading.
The trio is already deeply extended. Micron stock has gained 265% year to date (YTD) and 1,002% over the past year, Western Digital stock has climbed 226% YTD and 988% over 12 months, and SanDisk stock has risen 643% YTD and 4,560% over the past year.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn't one of them. Get them here FREE .
Today's move reads as a continuation of an established supercycle rather than a fresh entry point. NVIDIA 's ( NASDAQ:NVDA ) Computex 2026 reveals are layering on another demand signal for memory and storage.
