SanDisk Surges 10%, Micron and Western Digital Jump 8% as Memory and Storage Stocks Rebound From AI Sell-Off
David Moadel's November 6, 2026 article on 247wallst.com reports that memory and storage stocks rebounded after a November 5 selloff driven by fears that Democrats' midterm wins could slow AI data center construction — SanDisk rose 10% to $883.13 after falling more than 22%, Micron gained 8% after an 18% drop, and Western Digital jumped 8% after losing 30% over the prior month. Goldman Sachs estimated 45% of planned U.S. data center capacity could face restrictions, while analysts at Yardeni Research and LYNX Equity Strategies called the selloff a buying opportunity, and the site says tight supply and low multiples give the group a buffer if AI spending slows.
