Artificial Intelligence (AI) Memory Stocks to Buy Hand Over Fist in July

Artificial Intelligence (AI) Memory Stocks to Buy Hand Over Fist in July ties several catalysts to memory and storage demand linked to AI build-outs. It highlights that in July, SanDisk (SNDK 7.42%) and Micron Technology (MU 5.25%) stand out among memory semiconductor names as earnings season approaches. The article points to SK Hynix’s IPO on the Nasdaq scheduled for July 10, issuing about 17.9 million new shares and targeting roughly $28 billion in gross proceeds. It says the capital will fund expansion in high-bandwidth memory (HBM) and advanced packaging crucial for AI accelerators. It also cites a major supply push: the South Korean government said Samsung Electronics and SK Hynix will invest a combined $520 billion to build four new memory fabrication plants in the country’s southwest, as part of a broader $2 trillion plan. In addition, Micron broke ground on a $9 billion expansion in western Japan for HBM, while investing $200 billion for new fabs in New York, Idaho and Virginia. The piece links these moves to likely persistence of near-term shortages across DRAM, NAND and HBM.