Jensen Huang Told CES 2026 That Memory Is Now the Biggest Bottleneck in AI. Micron and Sandisk Have Outperformed Nvidia's Stock Ever Since.

Nvidia CEO Jensen Huang highlighted at CES 2026 that memory is becoming the critical bottleneck in AI development as large language models require increasing storage capacity. Memory and storage chip manufacturers Micron Technology and Sandisk have significantly outperformed Nvidia's stock since then, with both companies reporting surging revenues driven by AI infrastructure demand. Both companies are securing long-term customer contracts worth billions to stabilize their typically cyclical business.