Micron, Sandisk, and SK Hynix: History Says This About the Memory Trio's Rally
Motley Fool·
- Micron, Sandisk, and SK Hynix have experienced massive stock surges over the past year, driven by surging prices and ballooning gross margins from the AI infrastructure build-out.
- The article argues that while historical memory supercycles typically end in crashes due to oversupply, this cycle differs because AI demand continues to soar and supply constraints limit production capacity.
- Memory makers have also secured long-term contracts for the first time in history, suggesting that memory stocks could remain top AI investments with a long runway ahead.