Micron, Sandisk and other chip stocks climb as investors get more confident about AI spending

“U.S. memory‑chip makers such as Micron and SanDisk saw their shares rise as AI firms reported stronger earnings and signaled sustained demand for high‑performance storage. The upbeat outlook is bolstered by U.S. officials pledging support to help domestic chipmakers counter growing Chinese competition, which could preserve supply‑chain resilience for American data centers. Expert Analysis: The rally reflects a convergence of robust AI‑driven revenue growth and strategic policy backing, positioning U.S. memory suppliers to capture a larger share of the expanding AI infrastructure market. If this momentum continues, it may translate into higher capital investment, job creation, and lower latency for U.S. consumers relying on AI‑enabled services.”