These 2 Hardware Leaders Will Cash In on the Next Data Center Memory Crunch
The memory chip crunch is far from over.
The ongoing memory chip supply crunch is causing prices to soar for consumers and businesses alike. Major companies such as Amazon have increased their capital expenditures by significant margins due to higher memory costs. Only a few firms directly profit from this situation, with Sandisk (SNDK) and Micron (MU) being among them.
Despite a strong start to the year, these hardware leaders are seen as solid investments as the cyclical nature of the industry suggests a delayed impact on their stock prices. Getty Images provides the image source.
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