Samsung profit surges over eightfold to beat estimates as AI boom fuels memory chip crunch

Samsung Electronics reported an over eightfold increase in first-quarter operating profits, hitting a new record and beating ...

Micron Jumps 4%, SanDisk Gains 3% as AI Tailwinds Drive Memory Sector Higher

Micron Technology (NASDAQ:MU) stock is up 4% in midday trading on Monday while shares of SanDisk (NASDAQ:SNDK) climb 3%. Both ...
Hosted on MSN

Penguin Solutions outlines 6% net sales growth and $2 EPS guidance for fiscal 2026 as memory business outlook strengthens

Nate Olmstead confirmed, "Given our solid Q1 performance, we are pleased to confirm our full company net sales and non-GAAP diluted EPS outlook for the year, which at the midpoint calls for 6% net ...
Seeking Alpha

DRAM: High Concentration For Hyper-Growth In The 2026 Memory Cycle

Roundhill’s new fund is worth noting for three reasons. The requirement that 50% of revenue come from the memory segment ensures that you are investing in actual manufacturers rather than diversified ...
Nasdaq

LRCX's Memory Strength: Will DRAM and NAND Fuel Future Gains?

Lam Research’s LRCX memory segment, accounting for both Dynamic Random Access Memory (DRAM) and Non-Volatile Memory (NVM) divisions, is gaining traction among its customers. In the third quarter of ...
24/7 Wall St

Micron Jumps 4%, SanDisk Gains 3% as AI Tailwinds Drive Memory Sector Higher

Micron Technology (MU) shares advanced on AI infrastructure demand as the company’s Q2 FY2026 guidance projects $18.70B revenue and $8.42 EPS. SanDisk (SNDK) stock also posted gains with the company’s ...