Why Did Sandisk Stock Pop Today?
Something strange is happening with Sandisk (NASDAQ: SNDK) stock today.
News that China passed on a Trump offer to permit Chinese tech giants to buy H200 artificial intelligence chips from Nvidia (Nasdaq: NVDA) shook Nvidia investor confidence on Friday, sending the semiconductor giant's shares down 3.2% through 12:40 p.m. ET.
(NASDAQ: MU), whose DRAM and NAND memory chips are essential to making Nvidia chips perform their best at the AI data centers in which they're installed, sank 5.4% on worries that if China's not buying Nvidia chips, it's not buying Micron chips, either.
Source Fool.com
Micron Technology Inc. Stock
€775.70
7.560%
The stock is one of the favorites of our community with 159 Buy predictions and 1 Sell predictions.
As a result the target price of 1294 € shows a very positive potential of 66.82% compared to the current price of 775.7 € for Micron Technology Inc..
