Sandisk Just Gave Micron Technology Investors Great News
David Jagielski, CPA, The Motley Fool
Mon, August 17, 2026 at 6:45 PM GMT+5:30
3 min read
- SNDK
+8.66% - MU
+5.44%
Sandisk(NASDAQ: SNDK) and Micron Technology(NASDAQ: MU) are two memory stocks that have been exceptionally hot buys over the past year, with the former soaring by 3,400% and the latter rising by close to 700%. Investors have been loading up on these stocks due to the ongoing memory shortage in the tech sector, which has enabled these companies to capitalize on demand while raising prices along the way
Many investors, however, have begun unloading their holdings due to concerns that the industry shortage may be coming to an end in the near future as more supply comes online. Plus, there is also the temptation to secure some profits and cash out sooner rather than later. Micron, after all, has become one of the most valuable tech companies in the world, with a market cap of $1.1 trillion as of the end of last week
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Sandisk’s management, however, recently gave Micron Technology investors some great news, which could alleigher
Sandisk’s strong guidance is good news for Micron
Last week, Sandisk held its Investor Day event, and while doing so, unveiled a promising long-term guidance. The company expects revenue growth in the mid-to-high teens between its 2028 and 2030 fiscal years (its fiscal year ends in late June or early July). While that’s a significant slowdown from the 175% growth it experienced in its most recent fiscal year, it’s an encouraging sign nonetheless that management is still expecting more growth opportunities in the longer term
For Micron, this is also good news, as it suggests strong demand in the overall memory market and that the shortage may not end anytime soon. Sandisk focuses on flash storage that’s for longer-term needs, while Micron sells high-bandwidth memory and DRAM, which is in high demand on a short-term basis, and that smartphones and computers need to perform well. Amid growth in the tech sector driven by artificial intelligence and the need for faster compute, both Sandisk and Micron have been experiencing strong growth.
Is Micron Technology’s stock likely heading higher?
Micron’s stock rose higher last week, as investors may have taken the positive news and guidance from Sandisk as a good sign that demand will likely also be strong for Micron over the long term. Investors often look for hints of how well the business will perform, given its historically cyclical nature, which can lead to significant volatility
