3 Unstoppable Memory Stocks to Buy Hand Over Fist in 2027
The surging demand for memory chips likely won't cool for a few more years.
Three "unstoppable memory stocks" stand out for investment in 2027: SK Hynix, Micron Technology, and Sandisk. Demand for memory chips in data centers and consumer devices has surged, creating a shortage that has pushed prices up and boosted profit margins. Each of these companies has carved out a niche in the memory market and could continue growing as tech companies increase AI spending.
SK Hynix, a South Korean company, is a leader in high-bandwidth memory (HBM) and dynamic random access memory (DRAM). It commands 50% and 25% of the HBM and DRAM markets, respectively. SK Hynix's sales grew 328% year-over-year to $78.9 billion in Q3 2026, and operating profit increased 632% to $62.3 billion. The company expects demand for memory chips to remain strong through 2030, giving it a significant opportunity.
Micron, with 24% market share in DRAM and 18% in HBM, saw its revenue rise 380% to $54.2 billion in Q4 2026, and non-GAAP earnings jumped 1,000% to $33.42 per share. Analysts predict that AI infrastructure spending will double in the next two years, fueling growth for Micron. Sandisk, a pure play on NAND memory, holds about 11% of the market and has seen its first-quarter fiscal 2027 revenue increase 378% year-over-year to $11.1 billion.
The company's CEO expects structural increase in NAND demand, driven by AI and customer signals, to extend beyond 2030.
These companies are optimistic about continued demand for memory chips over the next several years, making SK Hynix, Micron, and Sandisk strong candidates for investors looking to buy memory stocks in 2027.
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