MU, SNDK Stocks Gain after Intel CFO New Remarks — What Investors Should Know

FomoAnxiety · 2026-03-05T04:02:07+00:00

Micron Technology and SanDisk stocks rose nearly 6% following Intel's comments on ongoing memory chip shortages, expected to persist until 2027. Micron's upcoming earnings report may clarify demand and pricing in the chip market.

FomoAnxiety

2026-03-05 04:02:07

Abstract generation in progress

Memory chip stocks Micron Technology MU +5.55% ▲ and SanDisk SNDK +5.95% ▲ gained about 6% each on Wednesday after new comments from Intel INTC +5.75% ▲ signaled that the industry may be facing a prolonged shortage of memory chips.

Claim 70% Off TipRanks Premium

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential

At the Morgan Stanley Technology, Media & Telecom Conference, Intel CFO David Zinsner said the semiconductor industry is seeing memory shortages “all over the place.” He added that supply constraints could persist through 2027. Zinsner noted that the shortage could hit PCs the hardest, as demand for memory components continues to rise while supply remains constrained.

For memory manufacturers such as Micron and SanDisk, tight supply often leads to higher pricing and stronger profitability, which helps explain why the stocks moved higher following the comments.

Micron’s Upcoming Earnings Report Will Offer More Clarity

Memory chips are essential for a wide range of products, including data-center servers, AI systems, and personal computers. As demand for these technologies grows, investors are closely watching signs that the memory market could tighten further.

It is also worth noting that Micron is set to report its Q2 FY26 earnings on March 18. Wall Street analysts expect earnings of about $8.54 per share, up roughly 447% from the year-ago quarter, while revenue is projected to reach around $18.88 billion, representing 135% year-over-year growth.

Micron’s results and management’s commentary could provide investors with greater clarity on memory demand, pricing trends, and the broader supply-demand balance in the chip market.

For now, Intel’s comments suggest that memory supply shortages could persist across the semiconductor industry for the next few years.

Which Is the Better Memory Stock, According to Analysts?

By using TipRanks’ Comparison Tool, we’ve compared the two memory-chip stocks discussed above. Micron currently carries a Strong Buy analyst consensus with about 6.4% upside, while SanDisk has a Moderate Buy rating with roughly 6.3% upside.

Investors can dig deeper to decide which memory stock best fits their strategy. Below is a screenshot for reference.

Disclaimer & DisclosureReport an Issue

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.