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Skip the "Magnificent Seven": 2 Underappreciated Memory Stocks With More Room to Run
The Motley Fool·
SK Hynix and Micron Technology are undervalued memory chip makers positioned to benefit from surging AI infrastructure spending. Despite recent 20% share price declines, both companies reported strong earnings and secured long-term contracts. With combined 49% of the global DRAM market, low P/E ratios (11 and 13 respectively), and forecasts showing data center spending doubling to $2.1 trillion by 2028, these stocks offer better value than the Magnificent Seven tech giants.
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