Here's What $1,000 Spread Across These 4 Memory and Storage Stocks Could Be Worth by 2030
In July, SK Hynix (NASDAQ: SKHY) listed on the Nasdaq as the largest American depositary receipts (ADRs) offering in Wall Street history, raising roughly $26.5 billion. For the first time, all the companies that provide the memory for artificial intelligence (AI) data centers traded on one U.S. exchange. That matters because AI has changed the demand equation for memory. Here is what $250 apiece in Micron Technology (NASDAQ: MU) , Sandisk (NASDAQ: SNDK) , SK Hynix, and Western Digital (NASDAQ: WDC) might look like by 2030. Image source: Getty Images. Continue reading