SpaceX, Micron, AMD and More: 5 Stocks Investors Couldn't Stop Buzzing About This Week
Benzinga·19h ago
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Retail investors talked up five hot stocks during the week (Oct. 5 to Oct. 9) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.
Space Exploration Technologies Corp.(NASDAQ:SPCX), Micron Technology Inc. (NASDAQ:MU), Applied Digital Corp. (NASDAQ:APLD), Advanced Micro Devices Inc.(NASDAQ:AMD), and AST SpaceMobile Inc.(NASDAQ:ASTS), spanning the aerospace/space technology, semiconductor memory, digital infrastructure/AI data centers, high-performance computing/semiconductors, and satellite telecommunications sectors, reflected strong retail interest.
Space Exploration Technologies
SPCX was in focus this week after the FCC approved SpaceX’s next-generation non-geostationary mobile-satellite system for direct-to-device services on Oct. 6, strengthening its push into satellite connectivity. On Oct. 8, Grain Management agreed to sell SpaceX a nationwide 800 MHz spectrum portfolio, with terms undisclosed. The company also targeted an Oct. 15 Falcon 9 launch for the USSF-481 mission, while a SpaceX crew capsule returned from the ISS. Separately, Susquehanna maintained a Neutral rating and raised its price target to $173 on Oct. 7.
Some retail traders said that SPCX’s purchase of Grain Management’s low-band spectrum portfolio puts it in direct competition with AST SpaceMobile.
Source: Reddit
The stock has traded in the range of $104.83 to $225.64 since listing, trading around $159 to $167 per share, as of the publication of this article. It advanced by 7.05% since June 2026 and 4.63% over the last month.
Benzinga’s Edge Stock Rankings showed that SPCX had a strong price trend in the short, long, and medium terms.
Micron Technology
MU stayed focused this week on bullish AI-memory forecasts, legal developments, and sector volatility. On Oct. 6, JPMorgan said Micron’s AI-memory boom could generate a $100 billion cash windfall, while Micron and Netlist agreed to resolve pending litigation, with Micron set to pay $30 million per quarter from the fourth quarter of 2026 through the third quarter of 2031. On Oct. 7, DA Davidson maintained a Buy rating and raised its price target to $3,000, even as Micron fell amid a broader chip-sector pullback and a Taiwan union strike-authorization vote. On Oct. 8, Bank of America said memory-chip sales could top $2 trillion by 2030, while MU later joined SK Hynix and SanDisk in a memory-stock selloff. On Oct. 9, commentary remained bullish, with analysts arguing Wall Street still undervalues Micron and Ross Gerber predicting heavy share buybacks once restrictions expire in December.
Retail investors were very bullish on MU stock.
Source: Reddit
-The stock has traded in a 52-week range of $179.61 to $1,255.00, trading around $1034 to $1054 per share, as of the publication of this article. It advanced by 427.04% over the last year and 154.68% over the last six months. The stock was up 262.93% year-to-date.
According to Benzinga’s Edge Stock Rankings, MU was maintaining a strong price trend over the short, medium, and long term, with a good quality score.
Applied Digital
APLD was in focus this week after announcing its first development opportunity outside the U.S., with access to up to 1 GW of potential power capacity in Finland on Oct. 6. The company then reported fiscal first-quarter results on Oct. 7, with an EPS loss of 1 cent versus a 29-cent loss estimate, prompting several analyst updates. On Oct. 8, Wells Fargo maintained Overweight and raised its price target to $55, Freedom Capital kept a Buy and $48 target, while Needham maintained Buy but cut its target to $70. Later that day, APLD and other AI-cloud names came under pressure after reports that OpenAI’s annualized revenue was about $20 billion below previously indicated levels, raising concerns about demand for outsourced AI compute capacity.
Some retail investors recommended APLD as a short-squeeze candidate that can make money.
Source: Reddit
The stock had a 52-week range of $19.00 to $50.72, trading around $22 to $25 per share, as of the publication of this article. It fell by 14.64% over the year and 14.81% in the last six months. The stock was down 2.73% YTD.
APLD maintains a weak price trend over the long, medium, and short terms, as per Benzinga’s Edge Stock Rankings.
Advanced Micro Devices
AMD was in focus this week amid bullish analyst actions, broader AI-spending debate, and sector volatility. On Oct. 5, Stifel maintained a Buy rating and raised its price target to $700. On Oct. 6, Citigroup kept a Buy rating and lifted its target to $800, while Mizuho maintained Outperform and raised its target to $705. AMD also featured in discussions around the durability of heavy AI infrastructure spending, as investors weighed whether long-lived debt is being used to fund rapidly depreciating AI hardware. By Oct. 8-9, sentiment turned more cautious across AI-linked stocks after reports that OpenAI’s annualized revenue was about $20 billion below earlier indications, while ARK Invest was reported to have sold AMD shares alongside other major tech holdings.
Most retail investors were bullish on AMD.
Source: Reddit
The stock had a 52-week range of $188.22 to $658.52, trading around $619 to $632 per share, as of the publication of this article. It rose by 163.49% over the year, rose 167.74% over the last six months, and is higher by 189.82% YTD.
According to Benzinga’s Edge Stock Rankings, AMD was maintaining a strong price trend over the short, long, and medium terms, with a poor value score.
AST SpaceMobile
ASTS was in focus this week on network-testing progress, a major Japan opportunity, and intensifying competition from SpaceX. On Oct. 5, AST SpaceMobile and TELUS completed their first test connecting their wireless networks, advancing direct-to-device satellite connectivity in Canada. On Oct. 6, shares surged as investors focused on a potential $1 billion Japan catalyst. Sentiment reversed on Oct. 7-8 after the FCC approved SpaceX’s next-generation direct-to-device satellite system, increasing competitive pressure and contributing to ASTS weakness. Benzinga also highlighted broader aerospace-sector pressure tied to reports that SpaceX could raise $40 billion in debt for Nvidia-powered data-center expansion.
Some retail investors were mocking ASTS’s price performance.
Source: Reddit
The stock has traded in the 52-week range of $49.31 to $133.86, trading around $53 to $57 per share, as of the publication of this article. It fell by 29.89% over the year, 40.98% over the last six months, and is down 21.62% YTD.
According to Benzinga’s Edge Stock Rankings, ASTS was maintaining a weak price trend over the long, short, and medium terms.
Retail focus comprised AI infrastructure momentum, earnings, and corporate news-driven narratives, with broader market action during the week.
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