SK Hynix and SanDisk Jump as Temasek Invests and Micron Flags Tighter 2027 Supply
SK Hynix and SanDisk each rallied about 8% after Temasek announced direct investments, while Micron’s CBO warned 2027 supply will be even tighter. Micron shares rose ~6% and a memory ETF gained ~8%, as AI-focused demand supported pricing power expectations across DRAM, NAND and storage despite modest valuation multiples.