$SKHY

SanDisk shares rose about 15% after its 2026 Investor Day, where management targeted non-GAAP gross margins around 80% sustained through fiscal 2030 and non-GAAP operating margins near 75%, supported by New Business Model agreements with eight customers covering about two-thirds of bits shipped by FY2028. Western Digital, SK hynix, and Micron also gained. Wall Street expects normalized earnings of about $213.23, $265.12, and $214.10 over the next three years.

AI infrastructure stocks rose Wednesday after strong earnings from Supermicro (SMCI) and AI cloud providers CoreWeave (CRWV) and Nebius (NBIS). Supermicro’s Q4 beat and forecast lifted shares over 6%. Nebius revenue topped expectations, while CoreWeave’s results showed accelerating demand and a surging backlog. Lumentum (LITE) revenue more than doubled to $1.01B, lifting peers and memory/storage ETFs.

Sandisk shares rose about 7% to $1,630, with Western Digital up 4% to $505 and Micron up 3% to $978, extending Thursday gains. The article cites analyst price-target resets and a $14 billion buyback authorization at Sandisk, plus new multiyear customer agreements worth $93.9 billion. It links the move to Korea’s Kospi returning to bull-market territory.

KOSPI closed Friday up 2.41% at 6,977.34, ending a seven-week losing streak and adding 11.5% for the week. SK Hynix rose 3.26% to 1,645,000 won and Samsung Electronics gained 2.43% to 274,500 won. The move followed SanDisk’s Investor Day guidance for mid-to-high teens revenue growth and ~80% non-GAAP gross margins through 2030.

SK hynix (NASDAQ:SKHY) shares rose, prompting renewed interest in seven U.S.-listed leveraged and inverse ETFs linked to the stock, including five 2X long funds and two bearish funds. The rally was attributed to optimism in memory makers, including Sandisk’s margin and cash-return outlook and Intel’s memory-architecture exploration. Analysts cited include Wolfe and RBC with $200 targets and Cantor with $300; consensus target is $245.50.

Memory and storage shares rose Thursday. SanDisk gained 15% to $1,550, SK Hynix 9% to $168, and Western Digital 7% to $487, with Micron up 6% and Seagate up 5%. The move followed a Seoul-led rally tied to AI infrastructure optimism. SanDisk reported Q4 FY2026 revenue $8.96B; SK Hynix Q2 revenue rose 256.8% on HBM demand. SanDisk and SK Hynix also announced HBF collaboration.

SK hynix Inc. shares (NASDAQ: SKHY) rose about 9% on Aug. 13, 2026, after optimism about AI memory chip demand. The article cites a Nvidia-linked AI infrastructure partnership and co-development of next-generation HBM, plus SK hynix plans to restart a NAND plant in Dalian and reports of Temasek investment interest.

SK Hynix chairman Chey said in a CNBC interview that Nvidia is its most important customer but not a concentration risk because SK Hynix also supplies Google and Microsoft. He said AI memory demand is “explosive,” with customers seeking nearly double demand, while capacity expansion may take 4-5 years. The article links Nvidia’s AI ecosystem to SK Hynix demand and notes Polymarket favors Nvidia for 2026.

Investing.com reports that all analysts initiating coverage of SK Hynix (SKHY) in early August rated the stock Buy, with price targets from $200 to $320 versus $163.28. The article cites upside of 22% to 96% and notes the shares rose 13.8% over the week after a prior selloff tied to forced liquidations. Key bullish themes include HBM demand and supply constraints.

European stock futures rose early Thursday as cooling U.S. CPI tempered expectations for an imminent Fed rate hike. Treasury yields fell after the CPI release, and a $42B 10-year auction had limited impact. Oil futures declined after EIA data showed higher crude inventories. Gold was steady and copper fell on softer China demand.