If you purchased shares of Micron Technology (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) stock at the beginning of the year, you look like an absolute genius right now.
The stocks have performed remarkably well, with Micron rising 325%, and Sandisk delivering nearly 900% gains
Most investors see those returns over decades, not months. But there’s a growing question investors must answer: Is there room for more, and if there is, which stock is the better one to buy? Let’s take a look at these two and see if the roller-coaster ride is peaking or just getting started.
The AI build-out is driving massive growth for these two Both Micron and Sandisk are memory chip makers. Micron operates on both sides of the market, producing both DRAM and NAND memory, while Sandisk is solely on the NAND side. NAND memory is non-volatile and can hold information even if it loses power, making it great for long-term data storage.