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Gold price has dropped in the past few days as data shows that top gold ETFs like GLD and IAU are seeing strong outflows
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Micron CEO Sanjay Mehrotra states that AI infrastructure demand has fundamentally changed the memory industry from cyclical to structural growth. Data center memory demand exceeds supply by 50%, with additional demand from autonomous vehicles and edge AI devices. Recent memory stock sell-offs present attractive buying opportunities as the sector is poised for long-term growth.
Read original at the-motley-foolSanDisk (SNDK) stock is up almost 3% on strong market sentiment and an optimistic outlook for the AI-driven memory cycle.
Read original at benzingaSandisk (SNDK) dips 5% premarket. With key support at $1,485 and resistance at $1,696, watch where traders step in next.
Read original at benzingaHere's why top memory stocks like SanDisk, Micron, and Western Digital are still cheap despite elevated cyclical and AI bubble worries.
Read original at benzingaNvidia surged 9% and cybersecurity names exploded higher, yet 10 of 11 S&P 500 sectors fell as yields firmed before Jackson Hole.
Read original at benzingaQQQ attracted $3.67 billion in ETF inflows while SPY saw $3.82 billion in outflows, as semiconductor ETFs also drew strong investor demand.
Read original at benzinga