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Editor’s note: The article has been corrected to reflect the correct share price of Sandisk shares. Sandisk Corporation (NASDAQ:SNDK) shares are down by about 3% at last check on Wednesday amid fresh reports that President Donald Trump will discuss AI-chip policy with President Xi Jinping. China accounted for 28% of SanDisk’s fiscal 2025 revenue, according to an annual regulatory filing. The country accounted for 38% of its revenue in fiscal 2024 and 2023. SanDisk built a global reputation as a

Yahoo Finance Senior Business Reporter Ines Ferré and Northwestern Mutual Wealth Management Company CIO Brent Schutte join Brian Sozzi on Opening Bid to discuss today’s Stock of the Day: Micron (MU).

FEATURE Micron Technology stock was gaining early Wednesday. Labor unrest at Samsung Electronics could intensify the memory-chip supply crunch.  Micron shares were up 3.1% in early trading. Talks between Samsung and its labor union to avert a walkout collapsed on Wednesday.

Dow futures fell but Nvidia, Sandisk, Micron and Intel buoyed techs as the Trump-Xi summit looms. Nextpower, Nebius are big earnings winners.

Pre-Market Stock Futures: Futures are trading mixed on Wednesday, after a rough day for technology stocks and the Nasdaq. The combination of the prospect of a longer struggle with Iran, and higher inflation, which soared to 3.8% annually, the highest since May 2023, while the core number, which is less food and energy, rose to ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Akamai Technologies, HEICO, Johnson & Johnson, MasTec, MercadoLibre, Sandisk, Snap

Micron Technology stock and Sandisk were gaining early Wednesday. Labor unrest at Samsung Electronics could intensify the memory-chip supply crunch. Micron shares were up 6.2% in premarket trading, and Sandisk stock was rising 5.2%.

June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.

The stars are aligning for one of the stock market's hottest artificial intelligence (AI) companies to declare a mammoth stock split.

Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.7%. The Dow Jones Industrial Average added just 56 points, or 0.

Major U.S. indices closed Tuesday on a mixed note, with the Dow Jones Industrial Average gaining 0.11% to 49,760.55. Meanwhile, the S&P 500 slipped 0.16% to 7,400.96 and the Nasdaq dropped 0.71% to 26,088.20. These are the top stocks that gained the attention of retail traders and investors through the day: Oklo Inc. (NYSE:OKLO) Oklo shares fell 5.76% to close at $73.63, with an intraday high of $76.68 and a low of $70.30. In the after-hours trading, the stock fell 2.89% to $71.50. Oklo reported

Earlier on May 12, I wrote about SanDisk (SNDK) hitting 80 relative strength index, or RSI, one of the most extreme overbought readings in the stock market. The AI memory trade, I noted, was running at a pace that rarely ends quietly. Then Micron (MU) showed up with its own flashing signal too. ...

The Nasdaq fell as AI and chip stocks retreated, but they came off lows. Investors need sell rules for big AI winners such as Sandisk, Micron and Intel.

What Happened in Markets Today Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.

SanDisk stock sank today amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. June E-mini S&P futures (ESM26 ) fell -0.16%, and June E-mini Nasdaq futures...

The shortage of memory chips is driving higher investments in equipment and infrastructure, which is great news for Lam Research investors.

I have been covering markets long enough to know that when a stock hits a 80 relative strength index, or RSI, on a price chart, you stop and pay attention. Not because it means the stock will crash - it doesn't guarantee that. But because it means the market is pricing in perfection at a speed that ...

SNDK notches a 52-week high on a 552% YTD run as AI-driven NAND demand and surging data center revenue power an upbeat Q4 guidance.

Shares of SanDisk (NASDAQ:SNDK) are down 9% to around $1,405 in Tuesday midday trading. Micron Technology (NASDAQ:MU) stock is off 9% to $724, while Western Digital (NASDAQ:WDC) shares have dropped 8% to $476. The coordinated pullback is hitting the entire memory and storage complex at once. The synchronized drop comes just one trading session after ... SanDisk and Micron Fall 9%, Western Digital Drops 8% as Memory Supercycle Trade Hits Pause Button

Wall Street is split on whether SanDisk is building a long-term AI powerhouse or heading toward a painful correction.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.45%. June E-mini S&P futures (ESM26 ) are down -0.74%, and June E-mini Nasdaq futures...

Sandisk Corporation recently reported fiscal third-quarter 2026 results showing sales of about US$5.95 billion and net income of US$3.62 billion, alongside new fourth-quarter revenue guidance of US$7.75 billion to US$8.25 billion and a US$6.00 billion share repurchase authorization funded by operating cash flows. These earnings and capital allocation moves underscore how surging AI data center demand and multi-year customer agreements have rapidly reshaped Sandisk’s profitability, balance...

Nvidia (NVDA) reports first quarter earnings results on Wednesday, May 20. B. Riley Wealth chief market strategist Art Hogan, Yahoo Finance Senior Business Reporter Ines Ferré, and Yahoo Finance Senior Reporter Brooke DiPalma join Yahoo Finance Executive Editor Brian Sozzi to discuss their expectations for the print, highlighting why Nvidia needs to knock it out of the park.

South Korea's government wants a piece of AI companies' profits. Is Sandisk at risk?

The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.72%. June E-mini S&P futures (ESM26 ) are down -0.38%, and June E-mini Nasdaq futures...

Shares of the Roundhill Memory ETF (CBOE:DRAM) are off roughly 5% in early Tuesday trading, changing hands near $52.30 after closing Monday at $55.08. The slide caps a remarkable six-week sprint that saw the newly minted ETF roughly double since its April 2 inception. DRAM was up 30% in the week through Monday and 70% ... DRAM ETF Drops 5% as Memory Trade Cools After Parabolic Run

Two memory stocks, two different setups: at $1,562, SanDisk (NASDAQ:SNDK) is a sell, and at $746, Micron Technology (NASDAQ:MU) is a hold. Both names trade at all-time highs after a parabolic NAND and HBM repricing, and both sit above the average Wall Street target. The sell recommendation isn’t an outright sell call, it reflects ranking ... Buy, Sell, or Hold: SanDisk at $1,562 and Micron at $746

Tech futures fell as oil prices topped $100 while South Korea news triggered losses in Q1 stocks. CPI inflation picked up.

It won't be surprising to see Sandisk management opting for a forward stock split following the stock's impressive surge over the past year.

Investing.com -- Semiconductor stocks declined Tuesday after South Korean policymakers proposed a "citizen dividend" funded by taxes on AI profits, sparking concerns about potential levies on chipmakers.