Memory-chip stocks Micron, SK Hynix and Samsung have surged this year on strong AI data-center demand, with Micron up about 172%, Samsung 66% and SK Hynix roughly 81%. Nvidia CEO Jensen Huang told CNBC he does not expect memory demand to fade even by 2029, a longer horizon than most analysts have assumed. The recent sell-off followed news that China's CXMT plans to roll out a new architecture packing more memory cells into the same space by year-end, along with a Korean article warning of a flood of new supply. Still, Micron and SK Hynix have signed multi-year deals of three to five years with large customers, and SK Hynix plans to triple its wafer capacity by 2034. Counterpoint Research forecasts DRAM prices will fall 23% in 2028 versus 2027 but remain 230% above 2025 levels. The author suggests investors avoid overweighting this volatile group.
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NVDAsemiconductorsdata centersMicron
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 215.98 |
| Change that session | +2.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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