finance.yahoo.com

SK Hynix and SanDisk Jump as Temasek Invests and Micron Flags Tighter 2027 Supply

SK Hynix logoSK Hynix
Sig1.65Sen+3.10Env0.00Soc0.00Gov0.00
Micron Technology logoMicron Technology
Sig3.12Sen+3.35Env0.00Soc0.00Gov0.00
Sandisk logoSandisk
Sig1.62Sen+4.05Env0.00Soc0.00Gov0.00

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.

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