The explosive growth of artificial intelligence (AI) has ignited a new supercycle in memory and storage chips.
Training and running AI models demand enormous quantities of high-speed, low-latency memory to process massive data sets and parallel computations without bottlenecks
Micron Technology (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) have been prime beneficiaries of the AI memory boom thanks to their leadership in DRAM, NAND flash, and high-bandwidth memory (HMB). So far this year, Sandisk and Micron have surged 503% and 210%, respectively — making them the top two performers in the Nasdaq-100. While it may be tempting to follow the momentum, I think a harsh sell-off could be in store later this month.
Read on to find out why. Why memory is becoming the bottleneck of AI workloads AI systems cannot function efficiently without high-performance memory. Frontier models shuttle billions of parameters and contextual data between processors at blistering speed.