2 Artificial Intelligence (AI) Memory Stocks to Buy Hand Over Fist in July

Micron Technology and Sandisk are positioned for continued gains as AI memory demand accelerates. Three catalysts support this outlook: SK Hynix's upcoming Nasdaq IPO validating the memory sector, major capacity expansions by Samsung and SK Hynix ($520B combined investment), and sustained hyperscaler AI infrastructure spending. Despite sharp year-to-date gains, both stocks trade at modest valuations relative to other AI chip stocks, suggesting room for further upside.