Micron, Sandisk and other chip stocks climb as investors get more confident about AI spending
Reported by MarketWatch · marketwatch.com · August 17, 2026
AI companies are seeing improved financial performance, according to reports, and memory-chip companies may be able to better fend off Chinese competition with the help of U.S. officials.
What the tape says
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
Market reaction today: $MU -5.83%
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