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Micron and SanDisk stocks surge on AI infrastructure expansion

The Motley Fool +1 ·

MU Micron Technology Inc
$1045.56 -1.73%
View chart & analysis →
SNDK -2.56%
  1. 1Micron's stock price has risen 460% over the past year.
  2. 2SanDisk's stock price has risen 1,190% over the past year.
  3. 3JPMorgan Chase global market strategist Mira Pandit explained that memory chip makers are struggling to keep up with demand.

So what's the key point?

Stock prices for Micron and SanDisk have risen significantly as artificial intelligence facilities expand. The surge is happening because memory chip manufacturers are working hard to meet demand.

Source The Motley Fool +1 · View original ↗

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