# Apple flags memory price hikes — go long SanDisk and Western Digital

_AI-generated trading idea · LONG · SNDK, WDC_

> Canonical page: https://commonquant.ai/research/for-you/apple-flags-memory-price-hikes-go-long-sandisk-and-western-d--c1f7b67a-9edd-4295-a56d-37a62143c5c1

Apple warned that memory chip prices are going up and there's nothing they can do about it. That's great news for the companies that make those chips, like SanDisk and Western Digital.

## Idea

When a major buyer like Apple says price hikes are 'unavoidable,' it means the chip suppliers have serious pricing power. SanDisk and Western Digital are already jumping on this news, and higher chip prices directly boost their profit margins. This tailwind should support the stock for weeks as analysts revise their earnings estimates upward.

## Key details

- Symbols: SNDK, WDC
- Timeframes: 1d
- Tags: \#stock, \#tech\_hardware, \#momentum

## Community

- Upvotes: 4
- Views: 0
- Copies: 0
- Cosigns: 0

## News sources

- [SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes](https://finance.yahoo.com/markets/stocks/articles/sandisk-jumps-11-western-digital-155942660.html) — Yahoo Finance

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