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Micron and Sandisk continue rally as demand for memory expected to persist

  • Posted on April 27, 2026
  • By CNBC
  • 0 Views
  • 1 min read
In brief

Memory semiconductor manufacturers Micron and Sandisk experience significant stock growth following positive analyst projections. Melius Research forecasts sustained demand for memory chips through 2030, driven by expanding data centers, artificial intelligence infrastructure, and cloud computing adoption. This bullish outlook reflects growing confidence in the semiconductor sector's recovery and long-term profitability as enterprises accelerate digital transformation initiatives and memory capacity requirements continue escalating.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Micron and Sandisk continue rally as demand for memory expected to persist
Micron and Sandisk continue rally as demand for memory expected to persist

Shares of Micron and Sandisk jumped after Melius Research said in a report that demand for memory will remain strong through the end of the decade.
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Author
CNBC

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