AI's Unseen Demand: A Boost for Micron and Sandisk

Micron Technology (MU) and Sandisk have pulled back, but Mizuho sees it as an opportunity. The analyst believes that growing worries about peaking memory demand are overdone and that AI could actually increase demand for hardware like memory. Improvements in AI efficiency could lead to more usage and spending, similar to past tech cycles. Investors should consider this as AI expands and memory remains a key beneficiary.