Shares of top memory chip providers rose as global supply crunch drives demand for artificial intelligence infrastructure. Samsung’s co-CEO describes the shortage as “unprecedented”, with constraints expected to last for months or even years. Memory chipmakers are diverting capacity to AI servers, causing prices to double in some segments.

Micron, SK Hynix, and Samsung saw share price increases. Micron’s CEO predicts tight memory markets past 2026. Samsung and SK Hynix shares more than doubled in value last year. Smaller peers like Western Digital, Applied Digital, and Seagate Technology also saw gains. SanDisk was up about 1.5%.

Analysts predict the current memory chip upturn, known as the “supercycle”, may continue into 2027. Memory chip industry is highly cyclical, with extreme downturns and highs affecting pricing levels. Market research firm TrendForce reports prices have more than doubled since February last year, prompting traders to bet on further gains.

Read more at Yahoo Finance: Memory chipmakers rise as global supply shortage whets investor appetite