Micron Gets the Headlines, But Sandisk Could Offer More Upside - Yahoo! Finance Canada

Driven by the artificial intelligence (AI) boom, Micron Technology has outperformed industry giants like NVIDIA, achieving remarkable returns and entering the trillion-dollar market-cap league. The co... Read original →

The AI infrastructure boom is triggering a deep reconfiguration of the memory stack: surging HBM demand not only raises DRAM process barriers but also forces tighter co-optimization between NAND controllers and firmware, giving SanDisk—a leader in 3D NAND and enterprise SSDs—a structural edge. Geopolitically, tightening U.S.-Japan-Netherlands equipment export controls exacerbate advanced-node capacity scarcity, paradoxically strengthening pricing power for incumbents. In response to SanDisk’s explosive earnings growth, rivals like Samsung and SK Hynix will likely accelerate HBM3E and CXL-integrated NAND solutions to capture AI server share. Over the next 12–24 months, persistent supply gaps in HBM and high-performance NAND—coupled with long-term capacity commitments—confirm that SanDisk’s surge reflects a fundamental market shift: AI compute bottlenecks are moving beyond GPUs to the entire memory hierarchy.