These 2 Artificial Intelligence (AI) Memory Chip Stocks Just Joined the $1 Trillion Club.
Here’s How You Can Buy Them Both for Just $60
The artificial intelligence (AI) memory chip sector is experiencing something of a renaissance at the moment. As of 3 p.m. ET on May 27, both SK Hynix and Micron Technology (NASDAQ: MU) have entered the trillion-dollar club — boasting market caps of $1.1 trillion and $1 trillion, respectively.
This milestone reflects much more than robust earnings or an encouraging future outlook. Rather, it signals a fundamental rerating of memory’s critical importance in the AI infrastructure era. What is fueling the rally behind Micron and SK Hynix?