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SanDisk Soars 9%, Western Digital Rallies 5%, Micron Rises 3% as Memory Trade Reawakens
Key takeaways
- Western Digital (WDC) stock rose 5%, with Q3 non-GAAP gross margin reaching 51% as HDDs capture persistent data storage for all AI workload types.
- Micron Technology (MU) stock advanced 3% as the company’s Cloud Memory Business Unit posted $5.284B in Q1 FY2026 revenue at 66% gross margin on strong HBM demand.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn t one of them.
San Disk Soars 9%, Western Digital Rallies 5%, Micron Rises 3% as Memory Trade Reawakens thinkstock David Moadel Fri, May 22, 2026 at 12:49 AM GMT+7 4 min read MU SNDK WDC NVDA Quick Read San Disk (SNDK) stock surged 9% in midday trading with the stock up 3,852% over the past year, driven by Q3 revenue of $5.95B (up 251% Yo Y) and gross margins of 78%.
Western Digital (WDC) stock rose 5%, with Q3 non-GAAP gross margin reaching 51% as HDDs capture persistent data storage for all AI workload types.
Micron Technology (MU) stock advanced 3% as the company’s Cloud Memory Business Unit posted $5.284B in Q1 FY2026 revenue at 66% gross margin on strong HBM demand.
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