Micron trades at 6.2x forward earnings and SanDisk at 8.1x after brutal July selloffs. Is the memory trade cheap or pricing a peak?

Micron ($MU) stock dips 1.1% premarket as tech investors lock in profits despite rising Nasdaq futures. Get the technical breakdown.

Mizuho analyst ranks Micron Technology as the third most important stock globally as AI demand drives $22 billion in memory supply deals and HBM shortages.