Memory Stocks Surge On AI-Driven Demand

Financial Times reported on Jan. 25 that AI-driven chip demand has propelled a sharp rally in memory and storage stocks, with SanDisk doubling year-to-date and up nearly 1,100% since August, while Micron, Western Digital and SK Hynix have roughly tripled. The FT cited forecasts that AI infrastructure build-out could top $500 billion this year and executive comments on insatiable high-bandwidth memory demand.