Memory Stocks Rally as Goldman Says the Worst May Be Over: SK Hynix Climbs 5%, SanDisk Advances 3%, Micron Gains 2%

finance.yahoo.com · 2026-09-09

Goldman Sachs just flipped constructive on memory chips, sending SK Hynix, Micron, and SanDisk higher even as the broader market stumbles, but a major NAND supplier's warning about prices complicates the story.

TickrTrends take: Micron Technology's modest 2% gain amid broader memory sector strength aligns with TickrTrends' undervalued assessment, suggesting the market may be pricing in conservatism as industry conditions stabilize. Goldman Sachs' commentary on memory cyclicality appears to be reactivating investor interest in the sector, which could support a revaluation of Micron's fundamentals if the recovery thesis gains traction. A valuation-focused investor should monitor whether this initial rally translates into sustained analyst upgrades and margin improvement guidance, as these developments would validate or challenge the current undervalued positioning.

Read the full story at finance.yahoo.com →