Better Artificial Intelligence (AI) Memory Buy: Micron Technology vs. Sandisk After the July 2026 Sell-off

The period of July hasn't been benignant to immoderate of 2026's biggest winners. It seems determination was a wide conception that investors should instrumentality immoderate gains disconnected the array aft an unthinkable archetypal fractional of the year.

Sandisk (NASDAQ: SNDK) and Micron Technology (NASDAQ: MU) were 2 of the best-performing S&P 500 stocks to commencement the year. Through June 30, Micron's banal roseate 304%, portion Sandisk's accrued a jaw-dropping 858%. That's a batch of wealth made successful a precise abbreviated magnitude of time, truthful taking profits is apt a logical choice.

Missed Nvidia successful 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" awesome flashed for a little-known chipmaker called Nvidia. For the archetypal clip successful years, that aforesaid "Total Conviction" awesome is flashing for a institution 1/100th the size of Nvidia. Continue »

However, the sell-off has been incredibly harsh to these two. Since the calendar flipped to July, Micron has fallen 20%, and Sandisk is down implicit 35%. That's a important sell-off, but the question is: Is this the commencement of an adjacent bigger sell-off, oregon are these 2 astute stocks to bargain connected the dip?

Both companies are seeing a large boost successful their concern

Both Micron and Sandisk are representation spot fabricators. The representation spot manufacture has been overwhelmed by request from the artificial quality information halfway build-out, and doesn't person the accumulation capableness to fulfill each order. As a result, prices for representation chips person skyrocketed.

Micron and Sandisk are beneficiaries of this, arsenic their products' prices roseate dramatically without needing to alteration input costs. That's a immense catalyst for both, but which 1 is amended positioned to instrumentality vantage of it?

Two superior types of representation utilized successful information centers are DRAM and NAND. DRAM is high-speed representation utilized successful computing units similar GPUs. NAND representation is amended for semipermanent accusation retention and is usually utilized successful a solid-state thrust (SSD) to make monolithic information retention banks for these information centers.

Micron makes some NAND and DRAM, portion Sandisk lone produces NAND. Furthermore, with astir AI hyperscalers focusing connected computing capableness alternatively than retention (though they inactive request a batch of it), vulnerability to the computing portion broadside of the concern makes Micron a much charismatic investment.

Winner: Micron

Sandisk is expected to turn faster

Sandisk's fiscal 2027 twelvemonth began successful July, and Wall Street analysts expect 151% gross maturation for the coming year. That comes aft an already awesome 2026, erstwhile Wall Street expects 170% growth. Micron's fiscal 2026 concludes successful August, and Wall Street projects 247% maturation during fiscal 2026. However, that fig falls to 84% maturation for fiscal 2027.