Story perspectives
Micron Hits $1 Trillion as Chipmakers Approve $15B Buybacks
8/17/2026
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Story summary
- U.S. storage firms SanDisk, Seagate, Western Digital and Micron posted YTD stock gains of 496%, 238%, 171% and 208% and announced $6 billion, $5 billion and $4 billion buybacks, while Micron’s market value hit $1 trillion.
- SanDisk, Seagate, Western Digital and Micron posted non-GAAP gross-margin gains: SanDisk rose from 22% to 78% in a year, Seagate to 47% from 35% a year earlier, Western Digital to 51% from 40%, and Micron to 85% from 30%.
