NVIDIA Chief Foresees Years-Long Memory Shortage Benefiting MU and SNDK

NVIDIA CEO Jensen Huang said AI demand is enormous and the memory shortage will persist for several years, a bullish read for Micron (MU) and SanDisk (SNDK). He also announced a multi-year memory-development partnership with SK Hynix to support NVIDIA’s Vera Rubin systems, extending demand visibility across the memory complex. SanDisk’s datacenter revenue surged 645% YoY, and Micron guided Q2 near $19B with about 68% gross margin. The commentary frames the memory crunch as a multi-year, supply-driven trend that could benefit memory peers even amid broader market volatility.