This Memory Stock Has Doubled in 2026. Here's Why It Can Skyrocket Higher (Hint: It's Not Micron or Sandisk)
Healthy demand for memory equipment should help Lam Research clock stronger-than-expected growth in the future.
This Memory Stock Has Doubled in 2026. Here's Why It Can Skyrocket Higher (Hint: It's Not Micron or Sandisk)
Overview
Micron Technology and Sandisk have delivered stunning gains to investors in 2026, driven by favorable memory market dynamics where demand is significantly outpacing supply.
Artificial intelligence (AI) data centers have been quickly cornering the available supply of memory chips, creating a substantial shortage for other applications such as smartphones, vehicles, personal computers, and gaming consoles. Moreover, supply constraints are unlikely to go away anytime soon, as demand for AI-focused high-bandwidth memory (HBM) is expected to increase at an annual rate of 30% through 2030.
Details
As HBM is manufactured by vertically stacking multiple memory dies into a single package, it requires thrice the wafer capacity needed to make conventional memory. As a result, the strong pricing environment powering Micron and Sandisk's rally seems sustainable. However, there's another memory-focused AI stock -- Lam Research (NASDAQ: LRCX) -- that's benefiting from booming memory demand.
Source
Originally published at www.fool.com.
