Shares of Micron and Sandisk jumped after Melius Research said in a report that demand for memory will remain strong through the end of the decade.

Shares of Micron and Sandisk jumped after Melius Research said in a report that demand for memory will remain strong through the end of the decade.

The proliferation of AI increases demand for Micron's DRAM and NAND nodes and other memory technology, according to D.A. Davidson.