SanDisk Rises 8%, Western Digital Jumps 9%, Micron Adds 7% as Memory Rebound Accelerates

SanDisk, Western Digital and Micron extended a memory-stock rebound on Tuesday morning, with SanDisk up 8% to $1,504, Western Digital up 9% to $531, and Micron adding 7% to $923. The move builds on a July 20 session in which the same names gained 4% to 6%, turning a summer pullback into a two-day rebound. For Micron, the immediate catalyst cited is a Bank of America note: analyst Vivek Arya raised Micron’s price target to $1,550 from $1,500 and reiterated Buy. He said Micron delivered an “another memorable beat,” its eighth straight quarterly EPS beat, topping consensus by 24%. The article also references Micron’s Q4 FY2026 guidance of $50 billion (±$1 billion) in revenue, non-GAAP EPS of $31 (±$1), and 86% gross margin.