The market likes to hear what they want to heard and Musk gave them an excuse to rally the memories hard. The pace of fund rotation seems to pick up and those chasing highs need to manage their risk well.

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On a day the S&amp;P 500 fell, SanDisk closed up 8.9 percent and Micron up about 6 percent past $1,000. SanDisk booked $93.9B in contracts and targets 80 percent gross margins from 2028. Micron's HBM is sold out through 2027. Still early?

On a day the S&amp;P 500 fell, SanDisk closed up 8.9 percent and Micron up about 6 percent past $1,000. SanDisk booked $93.9B in contracts and targets 80 percent gross margins from 2028. Micron's HBM is sold out through 2027. Still early?

SanDisk +500%, Micron Tops $1,000. Chasing?

Chips rallied hard against a falling US market Monday: SanDisk, Western Digital, and Micron all jumped after Elon Musk called memory the binding constraint on AI, even as the S&amp;P 500, Nasdaq, and Dow ...

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