$SanDisk Corp.(SNDK)$ RAM, SKHY, and others are surging as blowout earnings from CRWV and SNDK push aside the cyclical memory downturn narrative. The rally is being driven by several headlines. MU says demand will continue to exceed supply well into 2028. BoA analyst Vivek Arya holds a $1,550 price target on Micron. Elon Musk pointed out that memory is the single biggest bottleneck in the AI landscape. Apple noted that Chinese chips cannot compete with Micron's HBM chips. There was also a report that humanoid robots require 10x more memory than autonomous cars, predicting a memory demand explosion over the next decade.
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