Memory stocks rise as AI demand drives chip shortages. Morgan Stanley sees a multi-year tailwind for top memory makers.
Memory stocks gained in premarket trading Thursday as investors continued to favor companies expected to benefit from strong artificial intelligence infrastructure spending and tight memory supply.
Micron Technology Inc.
(NASDAQ:MU), Sandisk Corp.
(NASDAQ:SNDK), SK hynix Inc.
(OTC:SKHY) and Western Digital Corp.
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks.
A rising tide lifts all ships, which is certainly what has been happening in the memory industry over the past year. Both Micron…
Micron and SanDisk stocks have surged over 200% amid an AI memory shortage Morgan Stanley says could last 2-3 more years. Here's…
"We need more and more memory to address that demand," Micron CEO Sanjay Mehrotra told CNBC's Jim Cramer.
Memory chip stocks surge as analysts project AI-driven undersupply through 2028. Micron, SK Hynix, and Samsung lead gains with…
Micron Technology (MU), a U.S.-based maker of memory and storage chips, is emerging as one of the biggest winners of the AI boom,…
