Micron (MU) Reports $23.8B Revenue, Sandisk (SNDK) Jumps 3,360%

AI Summary

Micron Technology (MU) reported revenue of $23.8 billion in Q2 2026, up from $8 billion in Q2 2025, with operating cash flow increasing from $3.9 billion to $11.9 billion. Sandisk (SNDK) experienced a 97% revenue rise to $5.95 billion in Q3 fiscal 2026, forecasting fourth-quarter revenue between $7.75 billion and $8.25 billion. Over the past 12 months, Micron's stock surged over 600%, while Sandisk's stock skyrocketed by more than 3,360%. These significant increases reflect the strong demand for memory in AI infrastructure, with investor interest continuing to grow.