We're back on [music] Morning Trade Live. Memory stocks are rallying today after Micron beat earnings estimates and lifted guidance for the [music] current quarter based on strong demand in AI infrastructure buildouts. More on those numbers momentarily, but here's the current price action for some of the biggest names in the memory space.And some of these are our best performers on the S&P 500 today. Micron shares up 11 12%. Western Digital is up over 8% right now. Seagate up 5.7% and SanDisk is rallying ha ...

24/7 Wall St. Quick Read Micron posted 257% year-over-year earnings growth as memory pricing recovered. SOXL holds roughly 30% in cash and treasury instruments to enable daily rebalancing. This creates drag during rallies. Broadcom represents 6.1% of SOXL equity exposure and trades at 38x forward P/E. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more here ...

October 8, 2025 08:30 AM GMT S. Korea Technology | Asia Pacific Memory – Resurgence | What's Changed | | | | --- | --- | --- | | Samsung Electronics (005930.KS) | From | To | | Price Target | W97,000 | W111,000 | | Samsung Electronics (005935.KS) | | | | Price Target | W84,390 | W96,570 | | SK hynix (000660.KS) | | | | Price Target | W410,000 | W480,000 | A steeper climb in 4Q pricing and stronger conditions likely persist through 2026. Multiples have expanded but we think stock calls will continue to work ...

Summary of Key Points from the Semiconductor Sector Research Report Industry Overview - The report focuses on the **semiconductor industry**, specifically the **memory market**, including **DRAM** and **NAND** segments, as well as **HDD** (hard disk drive) updates. Core Insights and Arguments 1. **Pricing Trends**: - Accelerated customer orders from China's subsidy program and end-of-life announcements for legacy DRAM have positively impacted memory prices in CQ2. DRAM prices are expected to increase by **6% Q/Q** in CQ3, while NAND prices may rise by **2% Q/Q** [2][3]. - Limited demand visibility for CQ4 poses a risk to price recovery despite the anticipated increases in CQ3 [3]. 2. **SanDisk Earnings Outlook**: - SanDisk is expected to report revenues of **$1.96 billion** and EPS of **$0.08** for CQ2, surpassing previous guidance. For CQ3, expectations are set at **$2.03 billion** and EPS of **$0.84** [4]. 3. **Competition in HBM Pricing**: - Samsung's increased momentum in HBM3E shipments may lead to moderated pricing for HBM, which could negatively affect competitors like SK Hynix and Micron [5]. 4. **HDD Market Growth**: - The HDD market is projected to grow by **13%** in sales and **21% CAGR** in EB shipments from CY24 to CY28, indicating a robust outlook for HDD vendors [6]. 5. **Valuation Metrics**: - Key valuation metrics for various companies in the semiconductor space are provided, with AMD, Micron, and Western Digital highlighted for their respective ratings and price targets [7]. Additional Important Insights 1. **Demand Dynamics**: - The demand for server DRAM is driven by aggressive orders from cloud service providers, with a notable increase in prices due to supply constraints [13]. - Mobile DRAM contracts have surged by **26% Q/Q**, driven by tight supply and impending EOL for LPDDR4x [14]. 2. **NAND Market Trends**: - The mobile NAND segment is facing challenges due to weak smartphone demand, with prices expected to remain flat in CQ3 [19]. - Enterprise SSD prices are projected to increase by **4% Q/Q**, supported by strong demand from North American cloud service providers [18]. 3. **Stock Read-Throughs**: - Micron is rated as Underperform with a target price of **$100**, reflecting cautious views on traditional DRAM and NAND demand in the second half of the year [24]. - SanDisk maintains a Neutral rating with a target price of **$49**, emphasizing the importance of disciplined capital investments in the NAND industry [25]. - Western Digital is rated Outperform with a target price of **$92**, supported by structural changes in the HDD industry and a strong product roadmap [26]. 4. **Future Outlook**: - The report indicates that while there are positive trends in pricing and demand for certain segments, overall visibility into future demand remains uncertain, particularly for non-AI applications [24][25]. This summary encapsulates the key points from the semiconductor sector research report, highlighting the dynamics of memory pricing, company earnings expectations, competitive pressures, and market growth projections.