--- title: "Why Are Memory Chip Stocks SNDK, MU, and WDC Rising in Pre-Market Today? August 14" type: "News" locale: "en" url: "https://longbridge.com/en/news/295923481.md" description: "Memory chip stocks SNDK, MU, and WDC rose in pre-market trading following SanDisk's bullish Investor Day outlook highlighting AI-driven storage demand. SanDisk projects mid-to-high teens revenue growth through 2030 with strong margins. The rally extended to Asian peers like Samsung and SK Hynix, supported by easing U.S. inflation data reducing rate hike fears. Wall Street maintains Strong Buy ratings for all three, with Micron showing the highest upside potential." datetime: "2026-08-14T10:41:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295923481.md) - [en](https://longbridge.com/en/news/295923481.md) - [zh-HK](https://longbridge.com/zh-HK/news/295923481.md) generator: "portal-rs" --- # Why Are Memory Chip Stocks SNDK, MU, and WDC Rising in Pre-Market Today? August 14 SanDisk (SNDK), Micron Technology (MU), and Western Digital (WDC) are trending higher in Friday's pre-market trading. The rally follows SanDisk's bullish Investor Day outlook, which lifted optimism around AI-driven storage demand. ### Claim 55% Off TipRanks WDCX: an alternative to margin or options on WDC The rally is also spreading across Asian memory stocks. Samsung Electronics (SSNLF) and SK Hynix (SKHY) led a rebound in South Korean technology stocks on Friday. The KOSPI rose 2.3% to 6,967.32, putting it on track for its strongest weekly gain since early June. Meanwhile, investor sentiment also improved after U.S. inflation data eased concerns about an imminent Federal Reserve rate hike. The softer inflation reading is giving technology and semiconductor stocks another boost as investors return to AI-related names. ## **SanDisk's Long-Term Outlook Lifts Memory Stocks** SanDisk's Investor Day gave investors a clearer view of its long-term growth plans. The company expects revenue to grow at a mid-to-high teens rate from fiscal 2028 through fiscal 2030. It also expects non-GAAP gross margins of about 80% and free cash flow margins of roughly 50%. The company expects AI workloads to drive higher demand for enterprise data-center flash storage. SanDisk sees the total addressable market reaching 1.2 zettabytes by 2030 as AI inference workloads grow. SanDisk has also signed new business model agreements with eight customers. These deals cover about 50% of fiscal 2027 bit shipments and nearly two-thirds of fiscal 2028 bits. The agreements include committed volumes and minimum financial guarantees, giving SanDisk more visibility into future demand. ## **MU and WDC Stocks Join the Memory Rally** The positive outlook for SanDisk is also supporting Micron and Western Digital. Investors are looking for stronger demand across memory and storage as AI data-center investment continues. Micron stands to benefit from demand for high-bandwidth memory and other products used in AI servers. At the same time, Western Digital could also benefit from stronger enterprise storage demand as data-center workloads grow. ## **Which Memory Stock Does Wall Street Prefer?** We used the TipRanks Stock Comparison Tool to compare Micron, SanDisk, and Western Digital. All three stocks carry Strong Buy consensus ratings from Wall Street. Micron offers the highest upside at 65.20%, based on its average price target of $1,569.07. SanDisk follows with 42.74% upside, while Western Digital offers 39.39%. ### Related Stocks - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [WDCX.US](https://longbridge.com/en/quote/WDCX.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) ## Related News & Research - [Micron Stock Faces Tight Supply as AI Demand Accelerates](https://longbridge.com/en/news/297191357.md) - [Micron's Taiwan unions threaten strike over bonus dispute](https://longbridge.com/en/news/297617714.md) - [Samsung Anchors South Korea's Record 821 Trillion Won AI Budget Push](https://longbridge.com/en/news/297692258.md) - [3,836 Shares in Sandisk Corporation $SNDK Purchased by United Capital Financial Advisors LLC](https://longbridge.com/en/news/297308554.md) - [SanDisk Stock Price Prediction: Head-and-Shoulders Bottom Pattern Forms, Stock Expected to Return to $2,000](https://longbridge.com/en/news/297590851.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**