Micron and Sandisk’s futures are heavily influenced by two foreign chip companies
Micron Technology and Sandisk have benefited from tremendous pricing power due to skyrocketing demand for memory chips.
The demand has been driven by big tech companies increasing their spending on artificial intelligence data centers.
Two foreign memory giants control the market, and their production capabilities can have an outsize impact on the entire industry.
Investors can gain access to these foreign companies to hedge the risk they pose to American memory leaders.