--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40094104.md" description: "$Sandisk(SNDK.US)$Micron Tech(MU.US)Trend is bullish!My previous articles have mentioned multiple times that short-term stock price fluctuations do not change the medium-term uptrend. Today, let's see why the short-term movements of SanDisk and Micron Technology are so elusive, sometimes not following the logic we imagine. Let's look at last night's turnover rate: SanDisk 7.36%, Micron Technology 2.46%, Western Digital 1.81%, Seagate Technology 1.68%.SanDisk's turnover rate last night was the lowest since the 725 yuan adjustment, and even after being included in the Nasdaq 100 index and passive funds entering, it is still far higher than the other three stocks. High turnover rate means short-term traders dominate, making short-term price fluctuations hard to grasp. A better sign is that turnover has been declining these past few days, hopefully this trend continues. The two HDD stocks are mainly driven by institutional funds, making their trends relatively stable.Currently, the market cap of all three stocks is around 130 billion USD. Let's look at their financial report expectations for the first three months of the 2026 calendar year, all to be announced next week:……… (Operating revenue, EBIT, EPS) SanDisk : 4.667B, 2.634B, 13.82 yuan.Western Digital: 3.229B, 1.161B, 2.08 yuan.Seagate Technology: 2.958B, 1.026B, 3.24 yuan.The growth rates are not listed, as none are as good as SanDisk's.From a financial data perspective, SanDisk is outstanding, but why isn't it being hyped to the sky like stocks in the Myanmar A-share market? This is the difference between markets.SanDisk's trading turnover must continue to decline to establish a relatively stable trend. Institutional investors in the market favor HDD stocks because their stable growth is predictable, and they are not currently worried about product surplus cycles (only two HDD players remain). SanDisk and Micron Technology, due to their historically strong consumer electronics cyclicality, have been given a reserved valuation by the market. As AI era demand grows exponentially and cyclicality weakens, the market will gradually raise their valuation standards, but this takes a process.Essentially, the AI computing power industry chain cycle is the same, and the demand for storage is not just about computing power. The demand in the era of physical AI and intelligence is even more explosive. It's just that the market's current thinking is trapped by the past. The road ahead is still long. Personal opinion, for reference only, not to be used as investment basis!" datetime: "2026-04-22T10:04:30.000Z" locales: - [en](https://longbridge.com/en/topics/40094104.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40094104.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40094104.md) author: "[昆仑山岩石](https://longbridge.com/en/profiles/15670421.md)" --- # $Sandisk(SNDK.US)$Micron Tech(MU.US)Trend is bulli… ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [.NDXTMC.US](https://longbridge.com/en/quote/.NDXTMC.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [SNDKV.US](https://longbridge.com/en/quote/SNDKV.US.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) ## Comments (15) - **昆仑山岩石 · 2026-04-22T14:48:10.000Z · 👍 1**: It would be hilarious if these short-covering activities push the stock price up to 1000 yuan! I find it easy to take advantage of naive American investors, but it's tough to deal with the dead-end speculation on junk stocks in the Myanmar A-share market! - **漫漫回本录** (2026-04-22T16:42:16.000Z): It should be said that naive investors all over the world are pretty much the same, but the US stock market has the option of short selling, which allows you to lose money even faster… - **昆仑山岩石 · 2026-04-22T14:41:01.000Z · 👍 1**: Looking at the order book, there are funds shorting SanDisk recklessly, and they dumped a lot of chips tonight. - **物极必反 · 2026-04-22T12:24:47.000Z**: It's no problem to hold for at least another year. - **双双2026 · 2026-04-22T11:54:51.000Z · 👍 1**: Kioxia is soaring every day, a two-day rebound ten days ago was already 50%. Compared to the SK Hynix, Samsung, and SanDisk Micron I'm holding, it's infuriating. Today it's up another seven points. - **昆仑山岩石** (2026-04-22T11:58:34.000Z): SanDisk has risen nearly 300% this year. Seems like its gain is higher than theirs, right? Haha, don't be mad 😄 - **昆仑山岩石** (2026-04-22T12:00:05.000Z): Sharpening the axe won't delay the work of chopping wood! - **双双2026** (2026-04-22T15:01:09.000Z): Can't compare to Kioxia in the past month. - **昆仑山岩石 · 2026-04-22T11:06:00.000Z · 👍 2**: I've mentioned in my previous articles many times why SanDisk is rising? It's not emotional speculation. SanDisk's pre-interest profit from January to March is more than the combined profits of Western Digital and Seagate Technology. The outlook for each upcoming fiscal quarter will overturn many pe - **DRAM** (2026-04-22T11:12:45.000Z): Alright boss, I'm relying on your articles to keep going. The market has been opening high and closing low these past few days, it's so frustrating, haha. - **双双2026** (2026-04-22T11:53:52.000Z): Alright boss, I rely on your articles to keep going. These past few days have all been high opening and low closing, so frustrating haha +1 - **炒美股养家666 · 2026-04-22T10:45:59.000Z**: Micron's market cap is too large - **昆仑山岩石 · 2026-04-22T10:29:05.000Z · 👍 2**: SanDisk's Q2 (April-June) is expected to be around $25 per share. - **呼噜噜壮仔 · 2026-04-22T10:14:55.000Z · 👍 1**: SanDisk's earnings per share are too strong. It's probably because its share capital is too small compared to Micron, Western Digital, and Seagate. After all, it just became independent, with a small share capital, specialized business, and no heavy assets (shares Kioxia's Japanese production capaci - **双双2026** (2026-04-22T11:55:17.000Z): Let's fly higher