IBM Sparks AI Memory Trade as Micron Eyes $2,000

According to $IBM(IBM)$ , $Micron Technology(MU)$ should spike to $2000+

These are $IBM CEO exact words:

"In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure ahead of expected price increases."

Companies that'll benefit extremely:

Memory — the core of the trade

$Micron Technology(MU)$ — Micron (DRAM + NAND)

$SanDisk Corp.(SNDK)$ — Sandisk (NAND)

$SK hynix(SKHY)$ — DRAM/HBM leader)

Storage — HDD, SSD & systems

$Seagate Technology PLC(STX)$ — Seagate (HDD, tight supply)

$Western Digital(WDC)$ — Western Digital (HDD)

$NetApp(NTAP)$ — NetApp (enterprise storage arrays)

$PSTG — Pure Storage (flash arrays)

$Dell Technologies Inc.(DELL)$ — Dell (storage + servers)

Controllers & memory interface

$Rambus(RMBS)$ — Rambus (DDR5, more $ per memory module)

$Silicon Motion Technology(SIMO)$ — Silicon Motion (NAND controllers)

$Marvell Technology(MRVL)$ — Marvell (storage + custom silicon)

$Astera Labs, Inc.(ALAB)$ — Astera Labs (CXL / memory expansion)

$SUPER MICRO COMPUTER INC(SMCI)$ — Super Micro (AI servers)

$Hewlett Packard Enterprise(HPE)$ — Hewlett Packard Enterprise

Picks & shovels — capacity + power (4)

$Lam Research(LRCX)$ — Lam Research (most memory-levered semicap)

$Applied Materials(AMAT)$ — Applied Materials

$Vertiv Holdings LLC(VRT)$ — Vertiv (server power + cooling)

$Monolithic Power(MPWR)$ — Monolithic Power (memory/server power)