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- 'Smart move': What Elon Musk had to say about Micron
Yahoo Finance's Brian Sozzi discusses SpaceX CEO Elon Musk's post on X praising Micron for being reasonable on future memory prices while others have been extortionate. Sozzi speculates Micron may be offering favorable pricing to Musk's companies, including SpaceX, Tesla and Boring Company, which could mean lower profits for Micron given the memory chip shortage. He links this to Goldman Sachs' view that memory chip price growth may slow next year and that prices may already be near a peak.
- Micron Just Revealed a New Business Strategy. That Change Makes It a Screaming Buy.
The author argues Micron is shifting from selling memory chips on demand to contract-based revenue, as AI companies have consumed most available capacity and memory prices have risen. Micron has signed several multi-year agreements through 2030 with floor and ceiling prices and has locked in about 35% of revenue through 2030, which the author says should smooth out its cyclical swings, much like logic-chip peer TSMC. TSMC trades at 24 times forward earnings while Micron trades at 5.1 times, and the author believes the stock could be repriced significantly if the market recognizes this change. He describes Micron as a long-term investment that deserves a more average multiple rather than a deep discount.
- Micron and Sandisk Hit Record Memory Margins. There's One Clear Winner.
Sandisk (SNDK) and Micron (MU) are among the best-performing memory chip stocks in 2026, with record margins as memory demand hits an all-time high while supply is tight, driving prices sharply higher. The author notes that Micron’s high-bandwidth memory (HBM) is growing faster than conventional DRAM, and that Micron has announced a custom HBM chip partnership with Nvidia. Both companies are signing long-term supply agreements to stabilize revenue, with Micron estimating about 35% of its revenue secured through 2030 and Sandisk having signed about 50% of its clients to such contracts. Micron expects industry NAND and DRAM shipments to grow at a low-to-mid 20% rate in both 2027 and 2028. The author prefers Micron, citing its HBM exposure and cheaper valuation relative to Sandisk, while still calling Sandisk a solid pick.
- Better Memory Stock: Micron vs. Sandisk
Micron (MU) and Sandisk (SNDK) are two of only four S&P 500 stocks to have tripled or more so far in 2026, with Sandisk the far bigger gainer. Micron makes HBM, DRAM and NAND memory, while Sandisk focuses on NAND flash, and AI demand, including inference and agentic AI, is driving memory needs for both. Micron's market cap tops $1 trillion versus about $200 billion for Sandisk, and their latest quarterly revenue was $54.2 billion and $8.97 billion respectively. Forward earnings multiples are 7x for Micron and 8x for Sandisk, with 27 of 29 analysts rating Micron a buy and 15 of 17 rating Sandisk a buy, implying average price targets about 74% and 60% above current prices. The author judges Micron the better pick for its breadth across memory types and its potential in humanoid robotics, while noting risks for both.
- History Says Micron Stock Gains 28% During the Fourth Quarter. Here's Why I Think Shares Will Surge Even More Before 2026 Is Over.
The article argues Micron (MU) could rally strongly before 2027, even though the stock already had an extraordinary rally earlier this year. Micron stock averaged a 28% gain in the fourth quarter over 2020–2025, but it has fallen roughly 17% from its September close of $1,065 through Oct. 16. The author points to two catalysts: upcoming earnings from major AI companies that increasingly cite memory supply constraints, and an increase in Micron's buyback authorization to $35.16 billion, with capital returns set to rise from Dec. 9, subject to CHIPS Act funding restrictions. At around $911, the stock trades at about 5.2 times forward earnings based on Wall Street's fiscal 2027 EPS estimate of about $176. Risks cited include memory's cyclicality and competition from China's CXMT.
- Should You Forget Micron and Buy These 3 Memory Stocks Instead?
The article argues that Micron's stock, up about 350% over the past year on strong memory chip demand, could be matched by three alternative memory stocks. SK Hynix posted Q2 revenue of 79.3 trillion Korean won (about $54.9 billion), up 257% year over year and 51% sequentially, compared with Micron's 31% sequential growth. Sandisk recorded 51% sequential growth in its fourth-quarter fiscal 2026 results and guided first-quarter fiscal 2027 revenue as high as $10.8 billion, or 20.4% sequential growth, with earnings due at the end of October. Astera Labs, a smaller company focused on rack-scale AI infrastructure, more than doubled its Q2 sales year over year and guided third-quarter fiscal 2026 sales to a $550 million midpoint, a 40.2% sequential increase, even though its shares have fallen more than 40% from their high.
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The article proposes adding SpaceX, founded by Elon Musk in 2002, to the Bullpen stocks-to-watch list. The company went public in June at $135 per share, opened at $150, peaked near $226, fell to about $105 in early August, and rebounded to the $140s. Its S-1 filing estimates a total addressable market of $28.5 trillion: $370 billion for Space, $1.6 trillion for Connectivity and $26.5 trillion for SI, formerly called AI. SI is the fastest-growing segment, with third-quarter revenue of $7.56 billion, up from $2.56 billion in the second quarter and $813 million a year earlier, while Anthropic's S-1 shows it has agreed to spend up to $120.5 billion on SpaceX compute over coming years. Starlink, the most profitable segment with $2.37 billion in third-quarter operating profit, added 1.6 million consumer subscribers, bringing its global base to just under 14 million, and SpaceX is expected to earn 32 cents per share in calendar 2026.
- Fed Holds Rates, but Two Officials Push for Hike as Polymarket December Odds Hit 82%
The Fed held rates at 3.75%–4.00% in a 10–2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a 25-basis-point increase; it was Cook's first dissent since joining the Fed in 2022. On Polymarket, the odds of a 25-basis-point hike in December rose to 82% from about 77% before the announcement, with more than $5.3 million in trading volume. Despite a weak September jobs report showing only 29,000 jobs added, the Fed said job gains kept pace with the workforce and unemployment changed little. Truflation forecasts September PCE inflation at 3.6% year over year, up from 3.4% in August, as gasoline and other energy goods rose 33.7% amid surging oil prices tied to the Iran war. The official PCE report and third-quarter GDP are due Thursday.
- 3 Reasons Micron Stock Could Keep Climbing From Here
Micron shares are up 218% this year but have fallen 27% since hitting an all-time high in June, and the author views the recent dip as an opportunity for long-term investors. In fiscal Q4 2026, ended Sept. 3, revenue rose 379% year over year to $54.23 billion, GAAP gross margin reached 86.8% versus 44.7% a year earlier, and net income jumped 1077.8% to $37.7 billion. Guidance points to about $61.5 billion in revenue for fiscal Q1 2027 at the midpoint, up roughly 351%. The author notes some estimates see the memory chip shortage easing only around 2029, and considers the 5.05 forward P/E reasonable. Assuming EPS compounds at 12% a year over five years with the P/E unchanged, the cumulative return would be about 76%.
- Chip Earnings Power Averages Higher as Nasdaq Volatility Cools Midweek
Over the week's three sessions, the S&P 500 rose 1.51% and the Nasdaq Composite gained 1.98%, helped by semiconductor and tech earnings, while the Dow added 0.62% to 52,536.29. The VXN Nasdaq volatility gauge fell 3.51 points to 24.79 and the VIX eased to 17.31, while WTI crude jumped 3.47% to $103.37 a barrel. Texas Instruments reported third-quarter revenue of $6.06 billion, up 28%, and EPS of $2.62; IBM posted revenue of $17.1 billion, up 5%, and EPS of $2.31. Meta Platforms reported revenue of $64.60 billion, up 26%, but the quarter included a $9.89 billion charge tied to an agreement with 52 attorneys general over teen mental health and social media litigation. Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure for AI compute for Anthropic using Broadcom's technology, with deliveries starting in calendar 2027.
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Target (TGT) shares have jumped 51% so far in 2026 after years of decline, and the stock is still down more than 40% over five years. The retailer has raised its dividend for 55 consecutive years, one of just 33 companies at that mark or longer, and its current yield is 3.1%. Under new CEO Michael Fiddelke, revenue has stopped falling after three years of declines, and sales guidance was lifted from 2% to 4% in May and to 5% this summer. Target reports fiscal third-quarter results on the morning of Nov. 18 and expects annual EPS of $9.90 to $10.90, about 14 times the midpoint of that range. The author argues the valuation remains reasonable and that there is room for another dividend increase next summer.
- Seagate Just Raised Its Dividend. The 0.5% Yield Tells You Everything About This Stock's Run
Seagate raised its quarterly dividend 2.7% to $0.76 per share, but the forward yield is only about 0.5% at $624.20 as the share price outpaces the payout. The yield was about 1.26% a year ago, and shares are up 172.63% over the past year and 127.42% year to date. Rising margins on Mozaic drives drove the rally, with non-GAAP gross margin at a record 57.8% in the latest quarter, revenue of $4.23 billion up 61.0%, and non-GAAP EPS of $7.68 beating the $7.40 consensus. Management plans to focus on share buybacks, with $4.4 billion left on its authorization, while noting that hard drive demand is cyclical and the stock has fallen 31.92% over the past month. Guidance calls for December-quarter revenue of $4.80 billion and non-GAAP EPS of $9.20.
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