--- title: "Why Are Memory Chip Stocks Micron, SanDisk, and SK Hynix Rising Today? Here's What's Driving the Rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/298037396.md" description: "Memory chip stocks Micron, SanDisk, and SK Hynix rose in pre-market trading on Sept 4, driven by a broader semiconductor recovery. Easing Treasury yields following Fed comments boosted tech stocks, while Broadcom's sector pressure eased despite its mixed earnings. Strong AI server demand from Dell and projected DRAM/NAND price increases of over 50% support the rebound. All three stocks hold 'Strong Buy' ratings with significant upside potential." datetime: "2026-09-04T12:05:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298037396.md) - [en](https://longbridge.com/en/news/298037396.md) - [zh-HK](https://longbridge.com/zh-HK/news/298037396.md) generator: "portal-rs" --- # Why Are Memory Chip Stocks Micron, SanDisk, and SK Hynix Rising Today? Here's What's Driving the Rebound Shares of major memory-chip companies are gaining in pre-market trading on Friday, September 4, as a broader recovery in technology and semiconductor stocks lifts the sector. Micron (MU) and SK Hynix (SKHY) stocks are up about 2% in Friday's pre-market trading, while SanDisk (SNDK) is gaining more than 3%, as of the last check. The rebound comes after two sessions of pressure on semiconductor stocks. Treasury yields are easing after Fed Governor Christopher Waller said the Federal Reserve may not need to raise interest rates if inflation continues to cool. The benchmark U.S. 10-year Treasury yield was near 4.75% at the last check. Lower yields are helping technology stocks recover. Semiconductor shares are also rebounding after Broadcom's earnings weighed on the sector Thursday. ## **Why Did Broadcom Weigh on Chip Stocks?** Broadcom (AVGO) shares fell sharply Thursday after the company reported $16.7 billion in AI semiconductor revenue for the third quarter, up 221% year over year. However, its fourth-quarter revenue guidance of $34.8 billion came in slightly below the roughly $35 billion analysts expected. The weaker outlook overshadowed Broadcom's strong AI growth and put pressure on the broader chip sector. That pressure is easing Friday, with Broadcom (AVGO), AMD (AMD), Intel (INTC), and other semiconductor stocks also trading higher in pre-market trading. ## **Memory Demand Remains Strong** Dell's (DELL) latest results continue to point to strong demand for memory used in AI servers. The company reported $47 billion in second-quarter revenue and expects AI-server revenue to reach about $74 billion in fiscal 2027, up roughly 200% year over year. Its AI server backlog has also reached $95 billion. That demand is also putting pressure on the supply of memory components. Dell COO Jeffrey Clarke said the biggest constraints remain "DRAM, DRAM, DRAM, followed by NAND, NAND, NAND." Meanwhile, according to Susquehanna, memory pricing remains a major tailwind for Micron and the broader memory-chip industry. The firm expects DRAM contract prices to rise more than 50% this quarter from the previous quarter, while NAND flash prices are projected to increase by about 60%. The broader memory market is showing similar strength. DRAM revenue rose 57% in the second quarter, while NAND revenue increased 70%. The gains point to strong demand across the memory market, even as the stocks themselves pulled back earlier this week. ## **MU, SNDK, SKHY: Which Is Wall Street's Favorite Memory Stock?** According to the TipRanks Stock Comparison Tool, all three stocks have a Strong Buy consensus rating. Micron leads with 62.26% upside, based on an average price target of $1,554.67. SK Hynix follows with 51.52% upside, while SanDisk has 41.58% upside based on an average price target of $2,201.56. ### Related Stocks - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [AVGU.US](https://longbridge.com/en/quote/AVGU.US.md) - [AVGW.US](https://longbridge.com/en/quote/AVGW.US.md) - [AVGX.US](https://longbridge.com/en/quote/AVGX.US.md) - [DLLL.US](https://longbridge.com/en/quote/DLLL.US.md) - [AVGG.US](https://longbridge.com/en/quote/AVGG.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [AVL.US](https://longbridge.com/en/quote/AVL.US.md) - [AVS.US](https://longbridge.com/en/quote/AVS.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) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) ## Related News & Research - [How to Play SKHY Stock as SK hynix Looks to Build a New Plant in Japan](https://longbridge.com/en/news/297810365.md) - [These Analysts Increase Their Forecasts On Broadcom Following Upbeat Q3 Earnings](https://longbridge.com/en/news/297917869.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) - [Micron's Taiwan unions threaten strike over bonus dispute](https://longbridge.com/en/news/297617714.md) - [Why Dell's Blowout Q2 Gives Investors No Reason to Stay on the Sidelines](https://longbridge.com/en/news/297913696.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**