The AI Memory Supercycle Could Last Longer Than Investors Expect. That's Great News for Micron and Sandisk.
After Micron's earnings results, it's hard to imagine anyone saying memory chips are due for a crash.
Overview
The latest earnings for Micron (NASDAQ: MU) didn't just show that the supercycle in memory chip stocks is still in session. Its third-quarter fiscal 2026 results showed that the biggest bulls underestimated the growth of the memory industry and that the supercycle is still in its early stages.
Even though Micron, Sandisk (NASDAQ: SNDK), and other memory companies have mostly gone parabolic over the past year, there is still more room for them to run.
Image source: Getty Images
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.