Micron, Sandisk Emerge as Stock Split Bets Near $1,000 and $1,600
Updated
Updated · The Motley Fool · Aug 16
Micron, Sandisk Emerge as Stock Split Bets Near $1,000 and $1,600
3 articles · Updated · The Motley Fool · Aug 16
Summary
Micron at about $970 a share and Sandisk above $1,600 have moved into stock-split territory after starting 2026 below $300, even though both remain well below their all-time highs.
Memory-chip demand from data centers is driving the rally: Micron sells DRAM and NAND, while Sandisk said two-thirds of its latest growth came from higher prices and one-third from higher output.
Tight supply is the key support for both stocks, with new memory capacity largely not expected until late 2027 or 2028 and Micron management saying market tightness could last into 2028.
That backdrop underpins the view that both shares still look attractive despite huge gains, with Micron's upcoming fourth-quarter results seen as a possible venue for a split announcement.