Micron Shares Rise 12%, SanDisk Up 10% Amid Tight Memory Supply and AI Demand
Memory chip stocks Micron (MU) and SanDisk (SNDK) surged on Tuesday following strong earnings reports and a structural shortage in memory chips driven by increased demand for AI infrastructure. NAND flash prices rose significantly, with further hikes expected.
Topics: AI_infrastructure institutional_investment memory_chips NAND_flash_prices