The AI rally has taken many forms, and now the crucial bottleneck appears to be memory. Specifically, the high-bandwidth DRAM and NAND that only a handful of global companies can produce at scale. Micron Technology

The two Chinese firms are gaining market share in DRAM and NAND, although high-bandwidth memory remains dominated by global leaders.

The AI rally has taken many forms, and now the crucial bottleneck appears to be memory. Specifically, the high-bandwidth DRAM and NAND that only a handful of global companies can…