Analyst Warns of Potential Pullbacks for Micron and Sandisk Stocks Market analysts are cautioning that memory chip manufacturers Micron and Sandisk may face significant downward corrections in 2026, as highlighted by Detik Finance. Both companies have experienced stock valuations that have surged well above historical averages, driven by the ongoing artificial intelligence infrastructure boom. Technical indicators show that Micron's current price is more than 100% above its 200-day moving average, a gap wider than during the dot-com bubble. Sandisk's price-to-moving-average spread is even more extreme, reaching 400%. Jonathan Krinsky, BTIG chief market technician, emphasized that the memory sector of semiconductors is among the most vulnerable to downside reversion due to the extreme price movements. Sandisk's stock has risen 287% in 2026 alone, contributing to an overall gain of over 2,843% in the past year. Founded in 1988, the company specializes in NAND flash technology and data storage solutions critical for modern AI models. Micron, established in 1978, has also seen substantial growth, with share prices up 60% this year and 561% over the last 12 months. This growth is largely attributed to hyperscalers like Amazon increasing capital expenditures to secure memory chips, which remain among the tightest components in the AI supply chain. Wall Street remains optimistic, with Yahoo Finance data showing analysts anticipate Sandisk's fiscal 2027 earnings to grow by 133%. Micron's earnings are similarly expected to nearly double year-over-year during the same period as demand for high-volume data storage persists.#micron #sandisk #detik_finance #btig #evercore_isi
