Track market-moving stories before they get noisy

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Shares of SK Hynix (NASDAQ:SKHY) are trading lower this Wednesday morning, with SK Hynix stock down 2% to $167.72 after an early dip of 4%. The Korean memory giant pared much of that loss after issuing a formal denial of a Korea JoongAng Daily report claiming it was in talks to acquire Intel‘s (NASDAQ:INTC | INTC Price Prediction) under-construction Ohio semiconductor fab campus.

The move arrives on a session where the broader NASDAQ 100 clawed back most of an early 0.5% drop tied to Middle East tensions, leaving the tape nearly flat on the session.

Denial Pulls the Stock Back After Ohio Fab Report In a July 22 Korea Exchange regulatory filing, SK Hynix stated it “continuously reviews various business investment and acquisition opportunities” but “has not pursued or decided to acquire Intel’s Ohio site and fab.” The rumor briefly lifted SK Hynix shares, and the denial pulled them back.

Intel separately reaffirmed its commitment to the Ohio project, with Intel stock nearly unchanged at $105.48 as the counterparty in the denied rumor. Moor Insights & Strategy’s Patrick Moorhead called the reported talks “highly unlikely,” reinforcing that the story never had strong industry backing.

The Ohio campus was announced in January 2022 with an initial $28 billion price tag, scaling to as much as $100 billion long term across nearly 1,000 acres and up to eight fabs. The timeline has since slipped to 2030 or 2031, and Washington has been pushing Samsung and SK Hynix toward U.S. memory manufacturing alongside domestic leader Micron Technology (NASDAQ:MU).

Intel also has its own foundry story building. Its first publicly named foundry customer under CEO Lip-Bu Tan is Fortinet (NASDAQ:FTNT), whose SP6 security processor is set to be built on the Intel 4 process node. That backdrop makes any suggestion Intel would offload the Ohio site to a foreign rival a hard sell.

Memory Peers Hold Up as Market Shrugs Off Iran Jitters The idiosyncratic read is supported by peer action. Micron Technology stock is flat at $971.77, while Western Digital (NASDAQ:WDC) shares are up 2% to $559.27. If memory as a category were selling off, both would be lower with SK Hynix.

The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.

The Roundhill Memory ETF is down 1% to $58.04, reflecting SK Hynix’s weight in the fund rather than a broad memory retreat. The ETF is a narrow, single-theme vehicle, so investors using it as a diversified way to play the memory theme may want to size their positions with concentration and volatility risk in mind.

The macro backdrop featured President Trump threatening to destroy an Iranian bridge or power plant each time Iran fires on a ship in the Strait of Hormuz, marking an 11th straight night of U.S. strikes. That sent WTI crude oil up 3% to around $87 a barrel and Brent near $94, its highest since June 10. Secretary of State Marco Rubio said the U.S. “would love” a diplomatic settlement.

The Iran story has little or nothing to do with SK Hynix’s specific move, but the market’s ability to shake it off explains why chip names broadly, including NVIDIA, are steadier than they looked earlier. SK Hynix remains a leading high-bandwidth memory (HBM) supplier to NVIDIA’s AI accelerators, and that structural tailwind is unchanged by today’s rumor cycle.

Options positioning tells a mixed story. SK Hynix’s full-chain put/call ratio sits at 1.6, with the July 31 expiration at 2.11 pointing to some near-term hedging, while longer-dated 2027 strikes skew heavily toward calls.

What to Watch The next two catalysts are close together. Intel reports its Q2 2026 results on Thursday, which can either validate or complicate the foundry narrative the Ohio story touched. SK Hynix reports on July 29, and Wall Street can watch for HBM shipment commentary and updated capital allocation guidance.

SK Hynix listed its ADRs on the NASDAQ exchange on June 10, raising more than $26 billion, so the U.S.-tape reaction to headlines like this one now matters more directly to shareholders. Traders may want to watch for whether SK Hynix stock stabilizes above the $165 area later Wednesday, and how the DRAM ETF trades if memory peers stay firm through the afternoon.

If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:

- Join Stock Advisor for one year, with a 30-day money-back guarantee

- Get this month's two new picks — plus the Top 10 Rankings and the full historical pick list

- Read the analysis, decide for yourself, and trade through your own brokerage

Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.

Contact [email protected] for any questions or corrections.

Posted by Defense World Staff on Jul 22nd, 2026

Balefire LLC bought a new position in Western Digital Corporation (NASDAQ:WDC – Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 954 shares of the data storage provider’s stock, valued at approximately $258,000.

Several other hedge funds have also added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. bought a new stake in Western Digital in the fourth quarter valued at approximately $2,270,000. WESPAC Advisors LLC purchased a new stake in shares of Western Digital during the fourth quarter valued at approximately $793,000. NorthCrest Asset Manangement LLC grew its holdings in shares of Western Digital by 75.4% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 9,465 shares of the data storage provider’s stock worth $1,778,000 after purchasing an additional 4,068 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Western Digital by 33.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,122,095 shares of the data storage provider’s stock worth $193,303,000 after purchasing an additional 282,156 shares during the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of Western Digital in the fourth quarter worth $20,889,000. 92.51% of the stock is owned by institutional investors.

Analyst Ratings Changes A number of equities research analysts recently commented on WDC shares. Rosenblatt Securities upped their price target on shares of Western Digital from $340.00 to $500.00 and gave the company a “buy” rating in a report on Friday, May 1st. Jefferies Financial Group set a $575.00 price target on shares of Western Digital in a report on Tuesday, May 26th. TD Cowen boosted their price objective on shares of Western Digital from $325.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Bank of America upped their price objective on shares of Western Digital from $610.00 to $732.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, Melius Research set a $1,050.00 target price on shares of Western Digital and gave the stock a “buy” rating in a report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $520.32.

Check Out Our Latest Research Report on WDC

Western Digital Stock Up 12.5% Shares of Western Digital stock opened at $548.39 on Wednesday. The business has a 50 day moving average of $561.52 and a 200 day moving average of $390.88. Western Digital Corporation has a 52 week low of $66.04 and a 52 week high of $799.87. The company has a market cap of $189.02 billion, a PE ratio of 32.74 and a beta of 2.11.

Western Digital (NASDAQ:WDC – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The data storage provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.39 by $0.33. The business had revenue of $3.34 billion for the quarter, compared to analysts’ expectations of $3.25 billion. Western Digital had a net margin of 55.29% and a return on equity of 42.95%. The firm’s revenue for the quarter was up 45.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.36 earnings per share. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. On average, research analysts anticipate that Western Digital Corporation will post 9.61 earnings per share for the current year.

Western Digital Increases Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. This is a positive change from Western Digital’s previous quarterly dividend of $0.12. Western Digital’s dividend payout ratio is 3.58%.

Key Western Digital News Here are the key news stories impacting Western Digital this week:

Positive Sentiment: Western Digital is benefiting from a sector-wide rebound in semiconductors, with investors buying back into memory stocks after a steep pullback. Why Is Western Digital Stock Surging on Tuesday? Positive Sentiment: Reports that AI is driving stronger memory and storage demand are supporting the bull case for Western Digital, with analysts expecting a continued recovery in pricing and earnings power. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180% Positive Sentiment: Several market summaries say Western Digital is part of a broad AI trade rebound, alongside Micron and SanDisk, as investors look ahead to major tech earnings and a potential memory upgrade cycle. Chip Stocks Surge but Software Sector Feels the Pain Again Neutral Sentiment: Western Digital has also been mentioned in commentary about a possible 2027 hardware refresh cycle tied to AI memory growth, which could help long-term demand but is still more of a future thesis than a near-term catalyst. AAPL, HPQ, SNDK, WDC: Gene Munster Says ‘Memory Hog’ AI Will Trigger a Massive 2027 Upgrade Cycle Insider Activity at Western Digital In related news, Director Bruce E. Kiddoo sold 750 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $528.52, for a total transaction of $396,390.00. Following the transaction, the director owned 3,903 shares in the company, valued at $2,062,813.56. The trade was a 16.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vidyadhara K. Gubbi sold 2,475 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $556.24, for a total transaction of $1,376,694.00. Following the completion of the transaction, the insider directly owned 85,154 shares of the company’s stock, valued at approximately $47,366,060.96. The trade was a 2.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 28,959 shares of company stock worth $12,631,666. 0.18% of the stock is currently owned by company insiders.

About Western Digital (Free Report)

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.

Featured Stories Five stocks we like better than Western Digital Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding WDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Digital Corporation (NASDAQ:WDC – Free Report).

Receive News & Ratings for Western Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Digital and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINECalifornia Public Employees Retirement System Reduces Position in Assurant, Inc. $AIZ

NEXT HEADLINE »California Public Employees Retirement System Boosts Holdings in Huntington Ingalls Industries, Inc. $HII

21.7.2026 22:02

Pozitivní nálada vydržela po celou obchodní seanci. Obrat na čipovém sektoru udržel technologický NASDAQ výrazně v plusu. Přesto klasické technologie z magnificent 7 skončily v záporu (Amazon -0,98 %). To vše se dělo při stále rostoucí cenně ropy. Investoři sledují především čísla hospodaření a geopolitika šla mírně stranou.

Z čipového sektoru se dařilo především výrobci paměťových čipů Micron +12,04 %, Sandisk +14% či výrobce procesorů Intel +8,64 %.

Automobilový koncern General Motors po zveřejněných kvartálních výsledcích přidal + 4,87 %.

Obrat zažily jak cenné kovy (zlato +1,85 %) tak kryptoměny (Bitcoin +1,61 %). Z růstu kryptoměn těžily akcie burzy Coinbase +9,67 %.

Index Dow Jones +0,74 % na 52223,93 b.
S&P 500 +0,89 % na 7509,21 b.
Nasdaq Composite +1,29 % na 25837,21 b.

Index S&P 500 +0,89 % na 7509,21 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Informační technologie +2,3 % Nezbytná spotřeba -1 % Energie +1,2 % Komunikační služby -0,8 % Zdravotní péče +0,6 % Utility +0 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +14 % Danaher Corp (DHR) -11 % Western Digital Corp (WDC) +13 % MSCI (MSCI) -10 % Micron Technology (MU) +12 % Tyler Technologies (TYL) -5,7 % Teradyne (TER) +12 % Halliburton (HAL) -5,5 % Coherent Corp (COHR) +11 % Gartner (IT) -4,5 %
Jan Pazourek, Fio banka, a.s.

Memory stocks are extending their rebound Tuesday morning, with SanDisk (NASDAQ:SNDK | SNDK Price Prediction) up 8% to $1,504, Western Digital (NASDAQ:WDC) up 9% to $531, and Micron Technology (NASDAQ:MU) up 7% to $923. Today’s gains build on a July 20 session in which the same names rose 4% to 6%, turning a summer pullback into a two-day rebound for the group.

The specific catalyst on the tape today belongs to Micron. Bank of America analyst Vivek Arya raised his Micron price target to $1,550 from $1,500 and reiterated Buy. SanDisk and Western Digital are riding the broader memory tape and a constructive UBS note.

Bank of America Fuels the Micron Leg Arya characterized Micron’s latest quarter as “another memorable beat,” pointing to the company’s eighth straight quarterly EPS beat, which topped consensus by 24%. He framed the recent chip pullback as a “summer reset.”

The Bank of America note pegs the high-bandwidth memory (HBM) opportunity at $246 billion by 2030 and global semiconductor sales at $2.7 trillion by 2030. Micron has locked in 16 multi-year Strategic Customer Agreements, including a supply-and-investment partnership with private AI lab Anthropic.

Micron’s Q4 FY2026 guidance calls for revenue of $50 billion plus or minus $1 billion, non-GAAP EPS of $31 plus or minus $1, and gross margin of 86%. The stock’s forward P/E ratio of 5x looks unusually low for a name compounding at this pace, and analyst targets reflect that view: TD Cowen sits at $1,500, with the Street’s consensus at $1,491.95.

UBS piled on Monday, writing that Micron could repurchase more than 40% of its shares by the end of 2028 and generate over $400 billion in free cash flow through 2028. The bank flagged Micron, SanDisk, Western Digital, Seagate Technology (NASDAQ:STX), Broadcom, and Advanced Micro Devices (NASDAQ:AMD) as attractive at current levels.

SanDisk and Western Digital Ride the Memory Wave SanDisk stock has run 533% year to date (YTD), and Western Digital shares are up 207% YTD. Both moves sit on top of sharp monthly pullbacks, so today’s gains function as much as a snap-back trade as a fresh leg higher.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.

Neither name printed a company-specific catalyst overnight. SanDisk stock and Western Digital shares are moving on the same AI memory thesis that lifted Micron, along with UBS’s constructive read across the storage complex. The setup mirrors the earnings cadence, where SanDisk posted datacenter segment revenue of $1.47 billion, up 645% year over year (YoY) in its most recent quarter, and Western Digital crossed 50% non-GAAP gross margin for the first time.

For diversified exposure, the Roundhill Memory ETF (NYSEARCA:DRAM) is extending its rebound alongside the group. The fund is heavily concentrated, with Samsung Electronics at 25%, SK Hynix (NASDAQ:SKHY) at 24%, and Micron Technology at 24% of net assets. It’s a narrow, single-theme thematic vehicle (but not leveraged), and the concentration risk in a handful of mega-cap memory makers is real.

What to Watch Into a Heavy Earnings Week The next catalysts arrive fast. Intel (NASDAQ:INTC) reports Thursday, Alphabet (NASDAQ:GOOGL) reports this week, and SK Hynix reports July 29. Any commentary on hyperscaler capex, HBM pricing, or NAND supply from those calls can either extend the memory rally or trigger another rotation out of the group.

Investors may want to size their positions modestly here. These are high-beta names with powerful YTD runs, and the memory tape can turn on a single guidance data point. The bull case rests on structural AI demand, HBM pricing power, and multi-year customer agreements; the bear case is that memory pricing peaks earlier than Street models assume, and July’s drawdown showed how quickly that fear can compress multiples.

Market watchers can check for whether today’s gains hold into the close and whether Intel’s report Thursday validates the hyperscaler capex thesis. That’s the next real information point for the memory/storage trade.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden reduced its stake in Western Digital Corporation (NASDAQ:WDC – Free Report) by 68.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 81,737 shares of the data storage provider’s stock after selling 178,663 shares during the quarter. Andra AP fonden’s holdings in Western Digital were worth $22,109,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC grew its stake in shares of Western Digital by 114.7% in the first quarter. Wilkerson Advisory Group LLC now owns 249 shares of the data storage provider’s stock valued at $67,000 after buying an additional 133 shares in the last quarter. MWA Asset Management acquired a new position in Western Digital during the 1st quarter worth about $101,000. Convergence Investment Partners LLC purchased a new position in Western Digital during the 1st quarter valued at about $5,457,000. Legacy Wealth Managment LLC ID grew its position in Western Digital by 105,371.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 7,383 shares of the data storage provider’s stock valued at $1,997,000 after acquiring an additional 7,376 shares in the last quarter. Finally, Florida Financial Advisors LLC grew its position in Western Digital by 26.4% in the 1st quarter. Florida Financial Advisors LLC now owns 12,455 shares of the data storage provider’s stock valued at $3,369,000 after acquiring an additional 2,602 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

More Western Digital News Here are the key news stories impacting Western Digital this week:

Positive Sentiment: Western Digital is benefiting from a rebound in memory stocks as investors step back in after last week’s selloff, improving sentiment across the semiconductor group. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: Morgan Stanley’s view that the memory-stock selloff created a strong entry point is encouraging dip-buying in Western Digital and other chip names. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Neutral Sentiment: Western Digital Malaysia was recognized for advancing sustainable AI infrastructure, which supports the company’s AI narrative but is unlikely to be the main stock-moving catalyst today. WD Malaysia Recognized for Advancing Sustainable AI Infrastructure Western Digital Trading Up 2.1% Western Digital stock opened at $487.42 on Tuesday. The stock has a market cap of $168.00 billion, a P/E ratio of 29.10 and a beta of 2.11. The company has a fifty day simple moving average of $560.32 and a 200-day simple moving average of $388.23. Western Digital Corporation has a 12-month low of $66.04 and a 12-month high of $799.87.

Western Digital (NASDAQ:WDC – Get Free Report) last posted its earnings results on Thursday, April 30th. The data storage provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.39 by $0.33. The firm had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.25 billion. Western Digital had a return on equity of 42.95% and a net margin of 55.29%.Western Digital’s revenue for the quarter was up 45.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.36 earnings per share. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. As a group, sell-side analysts forecast that Western Digital Corporation will post 9.61 earnings per share for the current fiscal year.

Western Digital Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th were given a dividend of $0.15 per share. This is a boost from Western Digital’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Western Digital’s dividend payout ratio is 3.58%.

Insiders Place Their Bets In other Western Digital news, CEO Irving Tan sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $411.84, for a total transaction of $8,236,800.00. Following the sale, the chief executive officer owned 598,150 shares of the company’s stock, valued at approximately $246,342,096. This trade represents a 3.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bruce E. Kiddoo sold 750 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $528.52, for a total transaction of $396,390.00. Following the sale, the director owned 3,903 shares of the company’s stock, valued at $2,062,813.56. This represents a 16.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,959 shares of company stock worth $12,631,666 in the last three months. 0.18% of the stock is owned by company insiders.

Analyst Ratings Changes WDC has been the topic of several research reports. Wells Fargo & Company increased their price target on shares of Western Digital from $575.00 to $730.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. UBS Group reissued a “neutral” rating and issued a $560.00 price target on shares of Western Digital in a research report on Monday, July 13th. Weiss Ratings raised Western Digital from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, July 13th. Morgan Stanley increased their price objective on Western Digital from $488.00 to $650.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Finally, Susquehanna lifted their target price on Western Digital from $360.00 to $500.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Western Digital presently has an average rating of “Moderate Buy” and an average target price of $520.32.

View Our Latest Stock Report on WDC

Western Digital Profile (Free Report)

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.

See Also Five stocks we like better than Western Digital The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Western Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Digital and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndra AP fonden Has $21.97 Million Stock Holdings in Shopify Inc. $SHOP

NEXT HEADLINE »Bessemer Group Inc. Has $4.35 Million Stock Position in Red Rock Resorts, Inc. $RRR

Posted by Defense World Staff on Jul 21st, 2026

Baader Bank Aktiengesellschaft increased its holdings in shares of Western Digital Corporation (NASDAQ:WDC – Free Report) by 72.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,413 shares of the data storage provider’s stock after buying an additional 6,065 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Western Digital were worth $3,685,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Western Digital by 7.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,988 shares of the data storage provider’s stock worth $1,698,000 after purchasing an additional 3,019 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Western Digital by 229.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,388 shares of the data storage provider’s stock valued at $56,000 after purchasing an additional 967 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Western Digital during the 2nd quarter valued at $307,000. Cresset Asset Management LLC purchased a new stake in shares of Western Digital during the 2nd quarter valued at $292,000. Finally, Federated Hermes Inc. increased its holdings in shares of Western Digital by 55.3% during the 2nd quarter. Federated Hermes Inc. now owns 2,374 shares of the data storage provider’s stock worth $152,000 after buying an additional 845 shares during the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes Several research analysts recently weighed in on the company. Sanford C. Bernstein raised Western Digital from a “market perform” rating to an “outperform” rating and set a $340.00 target price on the stock in a research report on Tuesday, March 31st. Mizuho boosted their price target on Western Digital from $550.00 to $685.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. Wall Street Zen upgraded Western Digital from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded Western Digital from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 13th. Finally, Jefferies Financial Group set a $575.00 price objective on Western Digital in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $520.32.

Get Our Latest Stock Report on WDC

Key Western Digital News Here are the key news stories impacting Western Digital this week:

Positive Sentiment: Western Digital is benefiting from a rebound in memory stocks as investors step back in after last week’s selloff, improving sentiment across the semiconductor group. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: Morgan Stanley’s view that the memory-stock selloff created a strong entry point is encouraging dip-buying in Western Digital and other chip names. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Neutral Sentiment: Western Digital Malaysia was recognized for advancing sustainable AI infrastructure, which supports the company’s AI narrative but is unlikely to be the main stock-moving catalyst today. WD Malaysia Recognized for Advancing Sustainable AI Infrastructure Western Digital Trading Up 2.1% Shares of WDC stock opened at $487.42 on Tuesday. The company has a market capitalization of $168.00 billion, a PE ratio of 29.10 and a beta of 2.11. The firm has a fifty day simple moving average of $560.32 and a 200-day simple moving average of $388.23. Western Digital Corporation has a twelve month low of $66.04 and a twelve month high of $799.87.

Western Digital (NASDAQ:WDC – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The data storage provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.39 by $0.33. The company had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.25 billion. Western Digital had a return on equity of 42.95% and a net margin of 55.29%.Western Digital’s revenue for the quarter was up 45.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 EPS. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. Equities research analysts predict that Western Digital Corporation will post 9.61 EPS for the current year.

Western Digital Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Friday, June 5th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from Western Digital’s previous quarterly dividend of $0.12. Western Digital’s payout ratio is currently 3.58%.

Insider Buying and Selling at Western Digital In related news, insider Vidyadhara K. Gubbi sold 2,475 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $556.24, for a total transaction of $1,376,694.00. Following the sale, the insider owned 85,154 shares in the company, valued at $47,366,060.96. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Irving Tan sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $411.84, for a total transaction of $8,236,800.00. Following the completion of the transaction, the chief executive officer directly owned 598,150 shares in the company, valued at $246,342,096. This represents a 3.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,959 shares of company stock worth $12,631,666 in the last quarter. 0.18% of the stock is currently owned by corporate insiders.

About Western Digital (Free Report)

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.

Read More Five stocks we like better than Western Digital The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Western Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Digital and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBaader Bank Aktiengesellschaft Acquires Shares of 1,407 Comfort Systems USA, Inc. $FIX

NEXT HEADLINE »Baader Bank Aktiengesellschaft Acquires 6,263 Shares of AbbVie Inc. $ABBV

Chip stocks rose on Monday as investors bought the dip following last week's rout.

Western Digital (WDC - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this maker of hard drives for businesses and personal computers have returned -36.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Computer- Storage Devices industry, to which Western Digital belongs, has lost 30.6% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Western Digital is expected to post earnings of $3.35 per share, indicating a change of +101.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $10.07 points to a change of +104.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $18.64 indicates a change of +85.1% from what Western Digital is expected to report a year ago. Over the past month, the estimate has changed +1.7%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Western Digital is rated Zacks Rank #1 (Strong Buy).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Western Digital, the consensus sales estimate of $3.7 billion for the current quarter points to a year-over-year change of +42.2%. The $12.88 billion and $17.78 billion estimates for the current and next fiscal years indicate changes of -3% and +38.1%, respectively.

Last Reported Results and Surprise HistoryWestern Digital reported revenues of $3.34 billion in the last reported quarter, representing a year-over-year change of +45.5%. EPS of $2.72 for the same period compares with $1.36 a year ago.

Compared to the Zacks Consensus Estimate of $3.24 billion, the reported revenues represent a surprise of +3.12%. The EPS surprise was +12.86%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Western Digital is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Western Digital. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.

SAN JOSE, Calif. & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--As AI adoption accelerates globally, so does the need for data infrastructure that can scale responsibly. Western Digital Corporation (Nasdaq: WDC), the sustainable storage foundation of the AI-driven data economy, is committed to helping customers store more data with greater efficiency, reducing the physical footprint, energy consumption, and resources required to support the world's rapidly growing AI workloads. Today, WD's Malaysia.

Key Takeaways Western Digital expects AI-driven data growth to boost long-term HDD storage demand above 25% CAGR.WDC sharpened its HDD focus after separating its flash business into Sandisk to serve hyperscalers.WDC is advancing new HDD technologies to improve throughput and support large-scale AI deployments. The surge in data creation is creating a growing opportunity for storage companies, particularly Western Digital Corporation (WDC - Free Report) . The rapid shift from AI training to large-scale inference is driving an explosion in data creation, significantly increasing demand for persistent, scalable, and cost-effective storage—most of which resides on HDDs. Western Digital expects the rise of agentic AI, which autonomously executes workflows, to further accelerate data generation and extend data retention, boosting storage demand across cloud and enterprise environments.

At the same time, synthetic data and physical AI applications, such as robotics and autonomous systems, are creating massive volumes of video, sensor and training data, forming a compounding cycle of data growth. As a result, WDC believes the AI-driven data economy will drive long-term data storage demand at more than 25% CAGR, positioning its high-capacity HDD roadmap to benefit from this trend. WDC’s quarterly trends have shown massive revenue growth, improving gross margins, better pricing discipline and strong enterprise demand. It has also sharpened its focus following the separation of its flash business intoSandisk (SNDK - Free Report) , allowing management to concentrate on advancing HDD technologies and serving hyperscale customers more effectively.

Moreover, AI pipelines increasingly demand higher throughput, an area where flash has traditionally dominated. WD has introduced two industry-first technologies that fundamentally change HDD performance dynamics – High Bandwidth Drive Technology and Dual Pivot Technology. High Bandwidth Drive technology is already in customers’ hands for validation, while HDDs featuring Dual Pivot technology remain in the lab and are slated for introduction in 2028. On the other hand, power-optimized drives are expected to be in customer qualification in 2027, effectively creating a new economic storage tier between warm and cold data, critical for sustainable AI deployments at scale. 

However, Western Digital competes with well-funded rivals like Seagate Technology Holdings plc (STX - Free Report) in HDDs and several major NAND manufacturers in flash technologies.

AI Presents Huge Potential: Can WDC Outpace Peers?The rise of AI-driven inference workloads is increasing demand for both cloud and edge storage, with growing interest from sovereign and neo-cloud data centers in Seagate’s enterprise nearline drives and storage systems. Seagate is capitalizing on this trend through its focus on areal-density innovation rather than unit-volume growth. Its HAMR-based Mozaic platform exemplifies this strategy, with the second-generation Mozaic 4+ delivering up to 44TB per drive—more than 30% higher capacity than the first generation. Enhanced by Seagate’s proprietary laser and integrated photonics technology, the platform improves storage density, cost efficiency and scalability, supporting the company’s targeted mid-20% annual data-center exabyte growth.

Sandisk is benefiting from AI-led demand that is lifting enterprise SSD adoption and supporting pricing across NAND end markets. NAND is becoming a critical part of AI inference architectures such as KV cache and RAG, which expands low-latency flash needs beyond the model itself. In February 2026, Sandisk and SK hynix launched a joint initiative to standardize High Bandwidth Flash, a next-generation memory solution designed for the growing demands of AI inference. The effort reflects a broader industry shift from AI model training to inference, where efficient memory systems are critical to handle increasing data workloads and enable future AI infrastructure growth.

WDC Price Performance, Valuation and EstimatesIn the past year, shares of WDC have surged 586.5% compared with the Zacks Computer-Storage Devices industry’s growth of 381.6%.

Image Source: Zacks Investment Research

Going by the price/earnings ratio, the company’s shares currently trade at 24.35 forward earnings compared with 10.63 for the industry.

Image Source: Zacks Investment Research

WDC’s estimate revisions are on an upward trajectory currently. The Zacks Consensus Estimate for WDC’s earnings for fiscal 2026 has been revised north by 0.4% to $10.06 over the past 60 days, while the same for fiscal 2027 has gone up 8.4% to $18.64.

Image Source: Zacks Investment Research

Currently, Western Digital has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

16.7.2026 22:00

Negativní sentiment se před koncem obchodní seance ještě více prohloubil. Může za to silný pokles technologického giganta Google, u kterého přišla zpráva, že je v několikaměsíčním zpoždění s vydáním nové vlajkové AI verze Geminy Pro 3.5. V prostředí velké konkurence to může mít neblahý efekt ztráty poptávky. Akcie Alphabet končí silnou ztrátou –4,43 %.

Nevalný výsledek zažil i čipový sektor, kde velkou váhu poklesu má na svědomí Micron -5,65 % či AMD -5,33 %.

Oproti tomu se dařilo defenzivním sektorům spotřebního zboží či služeb. McDonald přidal slušných +3,04 %, PepsiCo též +2,97 % a například kartová asociace Mastercard +3,04 %.

Ropa WTI stále mírně ztrácela -0,75 %. Negativní vývoj na burze tedy dnes nebyl ovlivněn negativní geopolitickou situací.

Index Dow Jones -0,2 % na 52553,62 b.
S&P 500 -0,51 % na 7533,89 b.
Nasdaq Composite -1,47 % na 25881,95 b.

Index S&P 500 -0,51 % na 7533,89 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Nezbytná spotřeba +2,9 % Komunikační služby -2,8 % Zdravotní péče +2,2 % Informační technologie -1,8 % Reality +2,1 % Zbytná spotřeba -0,3 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Abbott Laboratories (ABT) +11 % Sandisk Corp (SNDK) -13 % JB Hunt Transport Services (JBHT) +8,0 % Seagate Technology Holdings (STX) -10,0 % Fedex Freight Holding (FDXF) +7,5 % Corning (GLW) -9,2 % Erie Indemnity (ERIE) +7,5 % Western Digital Corp (WDC) -9,2 % Dexcom (DXCM) +7,2 % Marvell Technology (MRVL) -8,7 %
Jan Pazourek, Fio banka, a.s.

16.7.2026 15:57, JBHT, ABT

Index Dow Jones -0,02 % na 52647,4 b. S&P 500 -0,45 % na 7538,29 b. Nasdaq Composite -1,08 % na 25985,74 b.

Nejsledovanější americké indexy v úvodu obchodování ztrácejí. Podle agentury Bloomberg výprodej akcií výrobců čipů táhne dolů celý akciový trh kvůli obavám, zda masivní investice do umělé inteligence dokážou ospravedlnit jejich vysoké valuace. Trh oslabuje také pod vlivem rostoucích cen ropy, které tlačí nahoru výnosy dluhopisů.

Zdravotnická společnost Abbott Laboratories (+14 %) posiluje poté, co zvýšila svůj celoroční výhled očištěného zisku na akcii, přičemž tento aktualizovaný výhled překonal průměrný odhad analytiků. Firma zároveň vykázala za druhé čtvrtletí očištěný zisk a čisté tržby, které předčily očekávání. Podrobnosti připravujeme v samostatné zprávě.

Daří se také akciím poskytovatele služeb v oblasti nákladní dopravy J.B. Hunt Transport Services (+8,1 %) poté, co společnost vykázala za druhé čtvrtletí očištěný zisk na akcii, který překonal průměrný odhad analytiků. Analytici vyzdvihují pokrok v jejím intermodálním podnikání, v němž společnost využívá dva nebo více způsobů přepravy.

Své výsledky zveřejnily také společnosti UnitedHealth Group (+7,9 %), General Electric Aerospace (-4,9 %) a TSMC (-2,5 %). Podrobnosti naleznete v jednotlivých zprávách.

Index S&P 500 -0,45 % na 7538,29 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zdravotní péče +2,5 % Informační technologie -2,1 % Nezbytná spotřeba +2,2 % Průmysl -0,4 % Energie +1,1 % Komunikační služby -0,3 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Abbott Laboratories (ABT) +14 % Sandisk Corp (SNDK) -8,8 % JB Hunt Transport Services (JBHT) +8,1 % Seagate Technology Holdings (STX) -8,2 % UnitedHealth Group (UNH) +7,9 % Corning (GLW) -8,0 % Erie Indemnity (ERIE) +7,8 % Western Digital Corp (WDC) -7,5 % Dexcom (DXCM) +7,2 % Marvell Technology (MRVL) -6,6 % Zdroj: Bloomberg

Michal Bárta
Fio banka, a.s.
Prohlášení

Western Digital (WDC - Free Report) closed the most recent trading day at $513.84, moving -8.78% from the previous trading session. This move lagged the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.29%, and the Nasdaq, a tech-heavy index, added 0.62%.

Heading into today, shares of the maker of hard drives for businesses and personal computers had lost 17.29% over the past month, lagging the Computer and Technology sector's loss of 0.53% and the S&P 500's gain of 1.61%.

The investment community will be closely monitoring the performance of Western Digital in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2026. The company is forecasted to report an EPS of $3.34, showcasing a 101.2% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $3.7 billion, showing a 42.21% escalation compared to the year-ago quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.06 per share and a revenue of $12.88 billion, indicating changes of +104.06% and -3.02%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for Western Digital. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.38% higher. Right now, Western Digital possesses a Zacks Rank of #1 (Strong Buy).

Looking at valuation, Western Digital is presently trading at a Forward P/E ratio of 30.22. This valuation marks a premium compared to its industry average Forward P/E of 15.77.

The Computer- Storage Devices industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 24, positioning it in the top 10% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

15.7.2026 22:16

Index Dow Jones +0,29 % na 52658,52 b. S&P 500 +0,38 % na 7572,42 b. Nasdaq Composite +0,62 % na 26269,23 b.

Ve středeční seanci americké indexy uzavřely posílením a jejich růst byl ovlivněn dnešním reportem Indexu cen výrobců  PPI. Dolar na páru s eurem oslabil o -0,37% tj. 1,1462 USD/EUR. Lehká ropa WTI po reportu zásob od EIA a za přispění nepokojů konfliktu mezi USA a Iránem přidala 1,2% a dostala se tak k úrovni 80,3 USD/barel. Naopak se dnes nedařilo žlutému kovu, kterému nepomohl ani  oslabující dolar a zlato oslabilo o -0,2% a dostalo se k úrovni 4 060 USD/Troy. unci. Na celkovém růstu indexu S&P 500 měl dnes největší zásluhu sektor Komunikační služby se ziskem 2,8%, dále Zbytná spotřeba 1,4% a také Finanční sektor 0,7%. Většímu růstu indexu byl dnes největší brzdou sektor Utility se ztrátou -1%, dále Energie -0,8% a také Základní materiály -0,4%. 

Index S&P 500 +0,38 % na 7572,42 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Komunikační služby +2,8 % Utility -1 % Zbytná spotřeba +1,4 % Energie -0,8 % Finanční sektor +0,7 % Základní materiály -0,4 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna PayPal Holdings (PYPL) +17 % Pentair (PNR) -15 % Blackrock (BLK) +6,6 % Erie Indemnity (ERIE) -12 % CBRE Group (CBRE) +6,3 % Dell Technologies (DELL) -9,9 % Invesco (IVZ) +5,5 % Progressive Corp (PGR) -9,4 % Bank of New York Mellon Corp (BNY) +5,1 % Western Digital Corp (WDC) -8,8 %
Luboš Bedrník
Fio banka, a.s.
Prohlášení

Key Takeaways Memory stocks fell over 14% in a month and now trade 25%-30% below their respective 52-week highs.AI-led memory demand, enterprise storage growth and better supply-demand balance support recovery prospects.SanDisk, Micron, Seagate Technology and Western Digital posted strong Q3'26 revenue and EPS growth Shares of companies providing memory chips and data storage solutions have witnessed a sharp sell-off over the past month. Much of this selling pressure comes from a growing caution regarding the massive artificial intelligence (AI) capital expenditures by tech giants.

While demand for AI infrastructure remains healthy, concerns have emerged that the massive capital investments being made by hyperscalers may take longer than expected to deliver meaningful financial returns. That uncertainty has prompted investors to reduce exposure to high-growth semiconductor names, particularly those that had rallied sharply earlier this year.

This anxiety is compounded by profit-taking and macroeconomic headwinds. Following a powerful surge in early 2026 that pushed valuations to extended levels, investors eagerly locked in gains. Meanwhile, a fresh wave of geopolitical friction, highlighted by recent U.S. and Iran airstrikes, has fueled a global risk-off environment. This friction has pushed Treasury yields higher, pulling capital away from high-growth tech investments to safer assets.

As a result, prominent memory-related companies like SanDisk Corporation (SNDK - Free Report) , Micron Technology, Inc. (MU - Free Report) , Seagate Technology Holdings Plc (STX - Free Report) and Western Digital Corporation (WDC - Free Report) have seen their stock prices plunge by more than 14% over the past month. These equities now trade roughly 25% to 30% below their recent 52-week highs.

Memory Stock One-Month Price Return Performance
Image Source: Zacks Investment Research

The decline has compressed valuations to levels well below their one-year high. Given the industry's improving supply-demand balance, continued AI-led memory demand and growing enterprise storage needs, the recent correction may offer long-term investors an attractive opportunity to accumulate quality memory and data storage stocks — SanDisk, Micron Technology, Seagate Technology and Western Digital — at more reasonable prices.

These stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy), offering solid investment opportunities. These have also witnessed upward earnings estimate revision within the last 30 days, indicating bullish analysts’ views about their long-term prospects.

SanDisk Benefits From NAND RecoverySanDisk is entering a favorable phase as the NAND flash market gradually recovers from a prolonged downturn. The company continues to benefit from disciplined industry-wide production management, which is helping improve pricing across consumer, enterprise and cloud storage markets. Strong demand for high-capacity SSDs used in AI servers and enterprise data centers is creating a healthier pricing environment after several quarters of weakness.

SanDisk is also expanding its portfolio of high-performance storage products designed for AI workloads, gaming and enterprise applications. As hyperscalers continue investing in storage infrastructure to support AI training and inference, demand for advanced NAND solutions is expected to rise.

In the last reported financial results for the third quarter of fiscal 2026, SanDisk’s revenues jumped 251% year over year to $5.95 billion. The company reported non-GAAP earnings per share (EPS) of $23.41, a robust improvement from the year-ago quarter’s loss of 30 cents.

Combined with lower valuation multiples following the recent correction, SanDisk appears well-positioned for a recovery once market sentiment improves. The company's forward 12-month price-to-earnings (P/E) valuation multiple of 8.61 remains well below the one-year high of 42.06. At the closing price of $1,673.97 as of July 13, SNDK stock trades nearly 29% lower than its 52-week high of $2,354.39.

The Zacks Consensus Estimate for fiscal 2026 and 2027 earnings has been revised upward over the past seven days and indicates a year-over-year increase of approximately 2,125% and 193%, respectively. Currently, SanDisk sports a Zacks Rank of 1 and has a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.

Micron Remains an AI Memory LeaderMicron continues to stand out as one of the strongest long-term beneficiaries of the AI revolution. The company has established itself as a leading supplier of high-bandwidth memory (HBM), a critical component used alongside advanced AI graphics processing units. Demand for HBM remains exceptionally strong as leading cloud providers and AI chipmakers expand next-generation AI infrastructure.

In the most recently reported financial results for the third quarter of fiscal 2026, revenues soared 346% year over year to $41.46 billion, while non-GAAP EPS jumped to $25.11 from $1.91 reported in the year-ago quarter.

Beyond HBM, Micron continues to see healthy demand for data center DRAM and enterprise SSDs. The company has secured 16 long-term supply agreements with major customers, improving revenue visibility while supporting capacity planning. At the same time, better pricing across DRAM and NAND markets should support higher profitability over the coming quarters.

The company's forward 12-month P/E valuation multiple of 6.58 remains well below the one-year high of 17.01. At the closing price of $937 as of July 13, MU stock trades 25% lower than its 52-week high of $1,255.

The Zacks Consensus Estimate for fiscal 2026 and 2027 earnings has been revised upward over the past 30 days and indicates a year-over-year surge of 791% and 107%, respectively. Currently, Micron sports a Zacks Rank #1 and has a Growth Score of A.

Seagate Technology Benefits From Massive Data GrowthSTX remains a key player in the rapidly growing data storage industry. While solid-state drives continue gaining market share, high-capacity hard drives remain the most cost-effective solution for storing massive volumes of AI-generated and enterprise data. This makes Seagate Technology an important supplier to hyperscale cloud providers building large-scale storage infrastructure.

The company is also leading the transition toward heat-assisted magnetic recording (HAMR) technology, enabling significantly higher storage capacities while improving customer economics. As enterprises and cloud providers continue expanding storage requirements, the adoption of these next-generation drives is expected to accelerate. In the third quarter of fiscal 2026, STX’s revenues and non-GAAP EPS surged 44% and 116%, respectively, on a year-over-year basis.

Following the recent share price correction, Seagate Technology now trades at a much more attractive valuation relative to its long-term growth prospects. The company's forward 12-month price-to-earnings (P/E) valuation multiple of 29.81 is significantly lower than the one-year high of 64.57. At the closing price of $860.66 as of July 13, STX stock trades approximately 25% lower than its 52-week high of $1,145.

The Zacks Consensus Estimate for fiscal 2026 and 2027 earnings has been revised upward over the past 30 days and indicates a year-over-year increase of 84% and 88%, respectively. Currently, Seagate Technology sports a Zacks Rank #1 and has a Growth Score of A.

Western Digital Leverages AI Storage DemandWestern Digital is benefiting from rising demand for high-capacity hard disk drives across enterprise and cloud markets. AI applications generate enormous amounts of data that require reliable long-term storage, creating opportunities for the company's broad portfolio of storage solutions.

As cloud providers expand storage capacity to accommodate AI-generated data, Western Digital should see an improvement in demand across multiple product categories. Cost optimization initiatives and improving industry pricing also provide additional support for margin expansion. In the third quarter of fiscal 2026, WDC’s revenues and non-GAAP EPS surged 45% and 97%, respectively, on a year-over-year basis.

With the stock trading well below its 52-week high, investors are now paying a much lower valuation for a business positioned to benefit from long-term AI-driven storage growth. The company's forward 12-month P/E valuation multiple of 28.99 is significantly lower than the one-year high of 62.15. At the closing price of $555.55 as of July 13, WDC stock trades nearly 31% lower than its 52-week high of $799.87.

The Zacks Consensus Estimate for fiscal 2026 and 2027 earnings has been revised upward over the past 30 days and indicates a year-over-year increase of 104% and 85%, respectively. Currently, Western Digital sports a Zacks Rank #1 and has a Growth Score of B.

Western Digital (WDC - Free Report) closed the most recent trading day at $555.55, moving -4.64% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.79% for the day. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.

Coming into today, shares of the maker of hard drives for businesses and personal computers had gained 3.49% in the past month. In that same time, the Computer and Technology sector gained 3.44%, while the S&P 500 gained 4.28%.

Analysts and investors alike will be keeping a close eye on the performance of Western Digital in its upcoming earnings disclosure. In that report, analysts expect Western Digital to post earnings of $3.34 per share. This would mark year-over-year growth of 101.2%. Simultaneously, our latest consensus estimate expects the revenue to be $3.7 billion, showing a 42.21% escalation compared to the year-ago quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.06 per share and a revenue of $12.88 billion, indicating changes of +104.06% and -3.02%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Western Digital. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 4.76% rise in the Zacks Consensus EPS estimate. As of now, Western Digital holds a Zacks Rank of #1 (Strong Buy).

In terms of valuation, Western Digital is currently trading at a Forward P/E ratio of 31.26. This represents a premium compared to its industry average Forward P/E of 15.88.

The Computer- Storage Devices industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 6, this industry ranks in the top 3% of all industries, numbering over 250.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

13.7.2026 15:50, DECK, SNDK

Index Dow Jones +0,21 % na 52 747,36 b., Index S&P 500 -0,3 % na 7 552,4 b., Nasdaq Composite -0,92 % na 26 038,62 b.

Wall Street otevírá obchodní týden převážně v záporných hodnotách, nejvíce odepisuje technologický Nasdaq. Pod tlakem jsou zejména tituly navázané na paměťové čipy a datová úložiště. Akcie Sandisk Corporation (SNDK) odepisují 10 %, Western Digital (-7,6 %), SK Hynix (-7,2 %), Micron Technology ztrácí 6,6 %. Investoři podle Bloombergu reagují na obavy, že rostoucí investice konkurentů do rozšiřování výrobních kapacit mohou časem zvýšit nabídku na trhu a vytvořit tlak na ceny paměťových čipů. Slabší sentiment se promítá i do dalších zástupců sektoru, když klesají také akcie AMD (-3,61 %), Lam Research (-4,82 %), Intel (-4,19 %), KLA (3,65 %) a ON Semiconductor (-3,94 %).

U společnosti Deckers Outdoor zvýšil analytik Jefferies Blake Anderson doporučení pro akcie společnosti z „Hold“ na „Buy“ a zároveň navýšil cílovou cenu na 130 USD ze 110 USD. Akcie Deckers Outdoor +4,5 %.

Index S&P 500 -0,3 % na 7552,4 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +2,6 % Informační technologie -1,3 % Nezbytná spotřeba +1,1 % Průmysl -0,4 % Reality +0,8 % Zbytná spotřeba -0,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Dollar General Corp (DG) +4,8 % Sandisk Corp (SNDK) -10,0 % Valero Energy Corp (VLO) +4,7 % Western Digital Corp (WDC) -7,6 % Deckers Outdoor Corp (DECK) +4,5 % Marvell Technology (MRVL) -6,9 % LyondellBasell Industries (LYB) +4,4 % Micron Technology (MU) -6,6 % Marathon Petroleum Corp (MPC) +4,2 % Seagate Technology Holdings (STX) -6,4 %
Zdroj: Bloomberg

Marek Krejčiřík
Fio banka, a.s.
Prohlášení

Seagate (STX) gets an upgrade and Western Digital (WDC) sees a price target hike from Wells Fargo. Diane King Hall explains how it signals a continuing trend in analyst optimism as SK Hynix readies its debut on the Nasdaq Friday.

Key Takeaways Micron expects fiscal Q4 2026 revenues of about $50B after a strong fiscal Q3. MU lifted fiscal Q3 gross margin to 84.6%, supported by AI memory demand and pricing. WDC expects fiscal Q4 2026 revenues of about $3.65B, with gross margin of 51-52%. Artificial intelligence (AI) infrastructure stocks have faced significant pressure this month as investors questioned whether the pace of AI spending would remain strong. However, the long-term AI demand remains intact, supported by strong demand for graphics processing units, networking equipment, memory and storage.  

Therefore, for long-term investors, the recent pullback could present an attractive investment opportunity. Among the standout AI infrastructure stocks are Micron Technology, Inc. (MU - Free Report) and Western Digital Corporation (WDC - Free Report) , whose shares have surged by 229.3% and 214.7%, respectively, so far this year. Let’s see in detail what makes these companies a strong buy now, and why they still have significant upside potential –  

Micron’s AI Memory Boom Drives Growth and Upside Potential Micron’s stock wobbled recently due to post-fiscal third-quarter 2026 earnings profit-taking and concerns about the sustainability of the present high memory prices. But Micron has emerged as an essential supplier of AI infrastructure and is no longer considered a cyclical memory stock. The company’s fundamentals remain intact as its recent quarterly results beat expectations, and its outlook remains strong, driven by robust AI memory demand. 

Micron reported revenues of $41.46 billion in the fiscal third quarter of 2026, a 74% sequential increase, according to investors.micron.com. For the fiscal fourth quarter of 2026, the company expects revenues of $50 billion, suggesting that demand for Micron’s state-of-the-art high-bandwidth memory chips used in AI servers remains strong. Growing demand for Micron’s memory products and strong pricing power boosted its profitability, with gross margin improving to 84.6% for the fiscal third quarter from 37.7% a year earlier.  

Micron’s strong cash inflows and strategic deals have further enhanced its long-term revenue visibility and reinforced its growth outlook. Consequently, the company’s expected earnings growth rate for the current year is 791%. The Zacks Consensus Estimate of $73.86 for MU’s earnings per share is up 502% year over year.

 

Image Source: Zacks Investment Research

Brokers also remain hopeful about the company’s prospects. The average short-term price target for MU stock stands at $1,422.77, implying a potential upside of 51.6% from the recent closing price of $938.38. The highest price target of $2,000 indicates a possible upside of 113.1%, highlighting strong investor confidence in Micron’s long-term growth outlook (read more: Micron Stock Drops 10%+ After Earnings - Is This a Buying Opportunity?).

 

Image Source: Zacks Investment Research

Western Digital: Strong AI Demand Fuels More Upside Western Digital’s revenues totaled $3.34 billion in the fiscal third quarter of 2026, up 45% year over year, according to the company’s press release. Revenues are expected to be even stronger in the fiscal fourth quarter of 2026, at $3.65 billion, plus or minus $100 million. The strong outlook suggests that AI infrastructure spending remains robust, as cloud and enterprise customers continue to invest heavily in high-capacity storage to support expanding AI workloads. 

Western Digital’s non-GAAP gross margin increased to 50.5% in the fiscal third quarter from 40.1% in the year-ago period. What’s more, management expects non-GAAP gross margin to expand further to 51-52% in the fiscal fourth quarter of 2026. This shows the company can sell more high-value enterprise HDDs amid a favorable pricing environment. Higher gross margins also provide greater financial flexibility to invest in research and development, strengthen the balance sheet, drive earnings growth and boost the share price over the long run. 

The company’s earnings outlook remains equally strong, with expected earnings growth of 104.1% for the current year. The Zacks Consensus Estimate of $10.06 for WDC’s earnings per share is up 54.8% year over year.

 

Image Source: Zacks Investment Research

Brokers are also optimistic about Western Digital’s growth prospects. They forecast the average short-term price target for WDC stock at $608.27, implying a 14.3% increase from the last closing price of $532.1. The highest target is $1,050, suggesting a potential upside of 97.3%, highlighting continued confidence in Western Digital’s long-term growth potential.

 

Image Source: Zacks Investment Research

Both Micron and Western Digital have a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.

Memory and storage stocks are rebounding sharply Thursday morning, reversing a bruising start to the week. Western Digital (NASDAQ:WDC | WDC Price Prediction) shares are up 7% to $589 and Seagate Technology (NASDAQ:STX) stock is up 7% to $921 in early trading, while Micron Technology (NASDAQ:MU) shares are up 6% to $1,010 and SanDisk (NASDAQ:SNDK) stock is up 6% to $1,830.

All four names remain up sharply year to date (YTD) despite this week’s pullback. Micron shares are up 233% YTD, Western Digital shares are up 220%, Seagate stock is up 213%, and SanDisk shares are up 628%, making the group among the year’s biggest AI beneficiaries.

Samsung Blowout Fuels Memory Reversal The rebound tracks overnight gains in Asian memory names after Samsung’s blowout preliminary Q2 results. The Korean giant reported operating profit of 89.4 trillion won ($58.44 billion), roughly 19 times year over year (YoY), with revenue up 129% YoY, per figures reported by Samsung via Stocktwits and Quartz. SK Hynix stock rose 5% in Seoul in sympathy, reinforcing that AI-driven memory demand hasn’t cooled.

Earlier this week’s slide was largely profit-taking despite those strong numbers. A secondary tailwind arrived from Washington. President Trump said Iran called seeking a deal, easing geopolitical anxiety and lifting index futures. SK Hynix is also set to price its U.S. IPO on Thursday, an added sector catalyst that has retail traders positioning for direct AI-memory exposure on U.S. exchanges.

Sector Confirmation and Peer Moves The Roundhill Memory ETF (NASDAQ:DRAM) is up 4% to $65, confirming broad memory/storage sector participation. Its top three holdings, Samsung, SK Hynix, and Micron, represent 72% of the fund, so a Korean memory rally translates almost directly into ETF performance. The fund isn’t leveraged, though its narrow theme concentration cuts both ways in volatile weeks.

Broader chip names are also higher this morning as the rebound spreads across the semiconductor complex. The fundamentals still favor the storage and memory group. Micron posted a 24% Q3 FY2026 EPS beat on June 21, and Seagate delivered a 17% Q3 FY2026 EPS beat with $953 million in free cash flow.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.

The Bull and Bear Debate on Micron The Micron stock bull-bear debate remains polarizing. The bull case leans on AI-driven DRAM and high-bandwidth memory (HBM) demand, with Citi’s upside Catalyst Watch flagging sharply higher DRAM pricing into 2026-2027 and UBS calling chips far from bubble territory. The prediction markets echo the near-term bias, pricing an 84% probability that Micron trades up on July 9 and a 60% probability of closing above $1,100 by month-end.

The bear case centers on memory-cycle pricing risk, rising Chinese competition from CXMT, and rich valuations after the run. Reddit sentiment on Micron stock sits at a bullish score of 68, though r/investing users are openly questioning whether the “value play” framing ignores cyclical realities. Post-earnings history warns of chop, with Micron shares typically declining after a beat across the last eight reports.

What to Watch The SK Hynix U.S. IPO pricing today is the next real catalyst. A strong reception could validate the AI-memory thesis and pull fresh capital toward the group. A softer print could reintroduce the reallocation pressure that Benzinga flagged as a near-term risk to Micron and SanDisk, since some investors may trim positions to fund SK Hynix allocations.

Beyond today, hyperscaler capex commentary and NAND and HDD pricing prints will drive the next leg. Traders can watch for whether Micron shares hold the $1,000 level into the close and whether Western Digital stock and Seagate stock hold the $590 and $920 levels, respectively. Investors should consider keeping their position sizes measured given the group’s volatility after such an outsized run.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

A recent federal ethics disclosure revealed that President Donald Trump's investment accounts bought shares of Western Digital (WDC 7.86%) earlier this year. It's one of the market's biggest AI winners, up more than 2,100% since the start of 2023. And in a bit of awkward timing, the stock is falling today.

Before reading too much into it, one important caveat. The accounts are reportedly managed by third-party institutions, so the president himself wasn't responsible for the decision to buy or sell any particular security. The disclosure, released by the U.S. Office of Government Ethics, showed thousands of trades across those accounts in the first quarter. The Western Digital purchase was just one of many.

Still, the trade is a useful excuse to look at a stock that has quietly become one of the best performers in the entire market.

Image source: Getty Images.

An improbable run The purchase, disclosed in a range of $45,000 to $150,000, went into a company most people know for hard drives. And that ordinary-sounding business is exactly what's driving the stock.

The AI boom has turned out to need somewhere to put all the data it generates. Much of that data lands on the high-capacity hard disk drives Western Digital sells to cloud and data center customers. That demand has transformed the company's results. In its fiscal third quarter (the period ended April 3, 2026), revenue rose 45% year over year to $3.34 billion, and gross margin topped 50%, up from about 40% a year earlier. Non-GAAP (adjusted) earnings per share nearly doubled to $2.72.

"Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs," said Western Digital CEO Irving Tan in the company's fiscal third-quarter earnings release.

Management expects the momentum to continue. It guided for fiscal fourth-quarter revenue to rise 36% to 44% year over year, with adjusted gross margin climbing further to 51% to 52%. That would extend an already remarkable run and explain why the market has repriced the stock so dramatically. A company earning better than 50-cent margins on the dollar looks very different from the low-margin drive maker investors used to shrug at.

It's also worth noting what Western Digital is today. The company spun off its flash-memory business, Sandisk, into a separate company in early 2025, leaving Western Digital focused squarely on hard disk drives. That focus has turned into an advantage: the cheap, high-capacity drives it makes are exactly what hyperscalers reach for to store the flood of data that AI systems produce and consume.

Why it's down today So why is a stock this strong falling today? It has little to do with Western Digital itself.

Samsung announced guidance for record quarterly operating profit, driven by the same AI-fueled memory demand lifting the whole sector. Yet instead of cheering, investors sold. One worry may be that results this strong might mark the top of a notoriously volatile cycle. Memory and storage stocks slid across the board, and Western Digital, up more than 200% this year as of this writing, dropped alongside them.

That's the risk hiding inside the stock's 2,100% run-up. Storage and memory have always been cyclical, with booming demand eventually leading to oversupply and ultimately resulting in lower prices (and profits).

Today's Change

(

-7.86

%) $

-45.36

Current Price

$

532.10

Does the AI storage boom justify the price? After a move this large, a stock's valuation deserves a hard look. Even after today's slide, Western Digital trades at more than 30 times forward earnings. That's a rich multiple for a business the market treated as a sleepy hardware supplier not long ago.

But a valuation like this only makes sense if the current demand surge proves durable. If AI-driven storage demand keeps growing and pricing holds, today's earnings can keep climbing and grow into the valuation over time. On the other hand, if the cycle turns, shares could crater.

So, is Western Digital a buy after its enormous run?

I'd be cautious here. The business is booming, and the AI storage demand behind it is no mirage. But buying a cyclical stock just weeks after it set record highs, at more than 30 times earnings, after a 2,100% run, leaves little room for error if the cycle cools. Today's sell-off, triggered by good news rather than bad, is a reminder of how quickly sentiment can shift in this corner of the market.

SK Hynix is bringing one of the biggest memory deals in years to Nasdaq, with plans to raise close to $29 billion through American Depositary Receipts tied to its DRAM and high‑bandwidth memory franchise. 

MU stock is moving lower Tuesday. See the chart and price action here.  The question now is: Does fresh capital chase SK Hynix on top of what is already in the trade, or does the group recycle existing gains to pay for the newcomer?

A funding squeeze is the clean, near‑term risk. Memory has become a consensus way to play AI infrastructure, with DRAM prices up sharply and assets in the Roundhill Memory ETF above $5 billion just weeks after launch. 

Who Gets Sold To Buy Hynix? For investors who are already long Micron, SanDisk and other memory stocks after triple‑digit runs, the path of least resistance is to trim existing winners to fund SK Hynix allocations rather than add net exposure at this stage of the cycle.

In that setup, Micron and SanDisk are likely the most exposed, as both have been positioned as core beneficiaries of AI‑server memory shortages. Their gains make them obvious sources of cash ahead of a nearly $30 billion listing that promises liquidity, a growth story and, at least initially, a valuation discount to U.S. peers. 

Western Digital and Seagate, which lean more into storage and HDD and already trade with cooler sentiment, may mostly follow sector beta rather than absorb the brunt of the rotation. 

The DRAM ETF sits in the middle: its mandate pushes it toward SK Hynix, but it also represents a basket where investors can hide from single‑stock volatility.

The deeper question is whether this is a real handoff in leadership or just an air pocket in U.S. names. 

Fundamentals Still Drive the TradeOn the fundamental side, nothing about the listing changes the drivers that pulled the group into a supercycle: AI data‑center build‑outs, a sustained shortage in DRAM capacity and pricing power across the memory stack that many analysts do not see easing before 2027.

SK Hynix will likely gain a higher multiple and a broader shareholder base, but supply discipline, capex plans and execution will still determine who leads on margins and earnings growth.

Seen through that lens, the U.S. debut looks more like a capital‑markets event than a structural break. 

A funding squeeze around pricing can temporarily knock Micron, SanDisk and DRAM off their recent trajectories, especially after such extreme gains. 

Once allocations settle and index flows reset, performance is likely to re‑anchor to the same AI‑data‑center demand and DRAM pricing cycle that lifted all of them in the first place. 

Photo: Samuel Bolvin / Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Recent intraday volatility wiped $137 billion across top memory equities, triggering premature retail investor panic over an impending artificial intelligence (AI) hardware supply glut. The brutal sell-off hit the semiconductor sector after an extended run, prompting many market participants to question whether the memory boom had stretched too far and too fast.

6.7.2026 15:50

Index Dow Jones -0,1 % na 52848,66 b. S&P 500 +0,44 % na 7516,13 b. Nasdaq Composite +0,91 % na 26067,65 b.

Obchodní den po prodlouženém víkendu začíná smíšeně. Index Dow Jones kosmeticky ztrácí, povedlo se mu ale po otevření poprvé překonat 53000 b. Tahounem indexu s růstem nad 2 % je Caterpillar (2,55 %) a Goldmman Sachs Group (2,41 %).

Z indexu S&P 500 posilují zejména informační technologie, kterých růst se propisuje i do indexu Nasdaq. Nejslabším sektorem je zdravotnictví. Pfizer ztrácí 2,06 %, Eli Lilly odepisuje 1,16 % a Johnson & Johnson klesá o 1,81 %.

Z technologií dnes opět rostou čipové společnosti. Broadcom a AMD posilují o víc, než 6 %, Nvidia se obchoduje na kladné nule.

Microsoft (-1,65 %) se chystá na další vlnu propouštění, která tentokrát zasáhne divize prodeje a Xbox. Celkem se má společnost zeštíhlit o přibližně 2 % pracovní síly, tedy 4 800 míst. Společnost se snaží o zefektivnění nákladů a tlačí na zvyšování efektivity všech divizí. Microsoft zvažuje i změnu struktury herní divize s možným prodejem několika studií.

OPEC o víkendu oznámil záměr zvýšit těžbu černého zlata. V srpnu by se měl objem navýšit o 188 tis barelů denně. Futures kontrakty na WTI reagují mírným poklesem. Aktuálně se barel obchoduje pod USD 69.

Index S&P 500 +0,44 % na 7516,13 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Informační technologie +1,6 % Zdravotní péče -1,8 % Průmysl +1,2 % Nezbytná spotřeba -0,8 % Finanční sektor +0,2 % Reality -0,6 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Western Digital Corp (WDC) +9,0 % O'Reilly Automotive (ORLY) -5,2 % Advanced Micro Devices (AMD) +7,5 % AutoZone (AZO) -4,7 % Vertiv Holdings (VRT) +7,4 % Constellation Brands (STZ) -3,8 % Teradyne (TER) +7,1 % SBA Communications Corp (SBAC) -3,7 % GE Vernova (GEV) +6,5 % Genuine Parts (GPC) -3,6 %
Marek Kameništiak
Fio banka, a.s.
Prohlášení

The memory giant SanDisk (NASDAQ: SNDK) has been on a relentless rally since getting spun off from Western Digital (NASDAQ: WDC) in early 2025 and is among the top-performing stocks in the last 12 months.

Specifically, SNDK shares were changing hands at $45.22 on Monday, July 7, 2025, and, at press time in the pre-market of July 6, 2026, they are trading at $1,810.88 for a total 3,904.6% rise.

Given the 12-month upsurge, a $1,000 investment made last summer would have resulted in a $39,046 profit and a position worth as much as $40,046. 

SanDisk stock price one-year chart. Source: Google For comparison, a purchase of the same size made in a fund tracking the S&P 500 benchmark index would have grown to $1,201, and an equal-value purchase of Nvidia (NASDAQ: NVDA) stock – one of the best-performing major equities of the decade – would have risen to $1234.20.

Why SanDisk stock has rallied massively Meanwhile, SanDisk shares owe their rally to a shift in focus in the ongoing artificial intelligence (AI) boom. Specifically, after the market dominance of the semiconductor industry waned, investor focus shifted to another critical hardware segment for data centers – memory.

Thus, the move enabled multiple RAM and storage firms to enjoy remarkable rallies, and, along with SNDK, Western Digital soared 765.16% in the last year, and Micron (NASDAQ: MU) rocketed 736.96%.

SanDisk stock drops 25% from June highs Still, the dependence on the AI boom has also presented a risk to SanDisk stock by early July 2026 as changes in pricing led to a debate on the balance between costs and benefits of the technology, and Meta Platforms’ (NASDAQ: META) reported decision to rent out capacity altered the balance between supply and demand.

The shift led to SNDK shares losing approximately 25% of their value relative to their June highs of over $2335, though the firm remains up more than 6% in the monthly chart.

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

Copy top-performing traders in real time, automatically.

eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!