Micron Stock Gets a $1,000 AI Call as Sandisk Rally Faces Its Next Test
Micron Technology fell about 3.0% to $508.80 in early trading Tuesday. Sandisk slipped 3.2% to $1,035.50, handing back some of Monday’s sharp gains for memory-chip stocks. That pullback arrived even as analysts delivered some of Wall Street’s boldest AI demand calls yet. Nvidia also shed 2.6%, adding to the pressure around AI chip names. It's a notable turn. Investors aren’t just wondering if memory makers can deliver a decent pricing quarter anymore. Instead, DRAM, NAND, and high-bandwidth memory are increasingly seen as core infrastructure for AI, not just speculative plays on the side.