Bernstein says memory suppliers like SanDisk and Seagate will win from AI data growth while HP, Dell, and SMCI face earnings pressure from rising costs.
Seagate is on track to begin full-scale production of 40 TB HAMR drives and Mozaic 4+ drives in the first half of 2026, which will be a key long-term growth.
The stock prices of RAM and NAND manufacturers surged yesterday, with Micron Technology (Nasdaq: MU) up 10%, Sandisk Corporation (Nasdaq: SNDK) up 27%, Western Digital Corporation (Nasdaq: WDC) up 16%, and Seagate Technology Holdings (Nasdaq: STX) up ...