Western Digital, Sandisk, Micron Technology rebound as memory stocks surge

11 articles · Updated · Barron's · Apr 29

Western Digital jumped 9% to $426.35, Sandisk rose 4.9% to $1,051, and Micron Technology climbed 2.6% to $517.90 in premarket trading.
The rally follows Seagate Technology’s 17% surge after it beat earnings expectations and issued strong fiscal fourth-quarter guidance, highlighting robust AI-driven demand for data storage.
This rebound comes after the stocks fell on Tuesday due to concerns over OpenAI’s missed growth targets, but Seagate’s results have reassured investors about ongoing strength in the sector.

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