Micron, Sandisk Ride AI Memory Boom as 2026 Revenue Seen Jumping 134% to $552 Billion
Updated
Updated · The Motley Fool · May 23
Micron, Sandisk Ride AI Memory Boom as 2026 Revenue Seen Jumping 134% to $552 Billion
6 articles · Updated · The Motley Fool · May 23
Micron nearly tripled fiscal second-quarter revenue, while Sandisk's latest quarterly sales jumped 251% to $5.95 billion as AI data centers snapped up DRAM and NAND flash.
70% of memory-chip supply is expected to go to AI data centers this year, with high-bandwidth memory and NAND demand driving shortages that some industry watchers see lasting until 2030.
TrendForce forecasts memory-industry revenue will surge 134% to $552 billion in 2026 and climb another 53% to $843 billion in 2027, extending the pricing tailwind for suppliers.
That backdrop has sharply lifted profitability: Micron's adjusted EPS rose nearly eightfold to $12.20, while Sandisk swung from a $0.30 loss to $23.41 per share as NAND prices soared.
Analysts now expect Sandisk's earnings to rise 21-fold this fiscal year and Micron's about sevenfold, underscoring how AI infrastructure spending is reshaping the memory market.
Is the AI-fueled memory chip boom creating another semiconductor bubble destined to burst?
How does the memory chip shortage redraw the map of global tech power and the AI race?
With AI devouring memory chips, will your next laptop be a casualty of the shortage?