<div id="readability-page-1"><div>Memory stocks Micron, Sandisk, Western Digital, and Seagate Technology Holdings rose again Friday, putting these crucial providers of chips for AI inference work on track for big weekly gains after last week’s steep losses following the outbreak of war with Iran.There’s no obvious trigger for the move higher for these shares this week, other than a bit of a recovery in the AI trade more broadly — AI beneficiaries like IT cable and connections maker Amphenol and custom chip and networking company Marvell Technology clawed back some gains this week — perhaps due Oracle’s earnings earlier, and some mean reversion to boot. Micron is due to report earnings after the close of trading on Wednesday, with the company catching a couple price target hikes this week, including one from Wedbush on Friday. Sandisk is something of a different story, as its enormous gains over the last 12 months — roughly 1,200% — have made it a momentum play beloved by the retail crowd.It was up about 20% this week at around 11 a.m. ET. And its nearly 170% gain this year keeps the stock on top of the S&amp;P 500, in terms of price performance.</div></div>

Memory stocks, including Micron, Sandisk, Western Digital, and Seagate Technology, rebounded on Friday, recovering from last week's losses amid the ongoing conflict in Iran. The rise is attributed to a broader recovery in the AI sector, with companies like Amphenol and Marvell Technology also gaining. Micron is set to report earnings on Wednesday, having received price target increases, while Sandisk's impressive 1,200% gain over the past year has made it popular among retail investors, rising about 20% this week and leading the S&P 500 in performance.

- Memory stocks Micron, Sandisk, Western Digital, and Seagate Technology Holdings experienced gains on Friday, recovering from previous losses due to the war with Iran.  
- This week's rise, attributed to a broader recovery in the AI sector, coincided with positive earnings reports from companies like Oracle and price target increases for Micron.  
- Sandisk, with a 1,200% rise over the past year, remains a favorite among retail investors, contributing to its 20% increase this week, highlighting its strong performance in the S&P 500.

Memory stocks rebound off last weeks losses