Prediction: Micron and Sandisk Stocks Will Both Plummet After July 30

The explosive growth of artificial intelligence (AI) has ignited a new supercycle in memory and storage chips. Training and running AI models demand enormous quantities of high-speed, low-latency memory to process massive data sets and parallel computations without bottlenecks.Micron Technology (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) have been prime beneficiaries of the AI memory boom thanks to their leadership in DRAM, NAND flash, and high-bandwidth memory (HMB). So far this year, Sandisk and Micron have surged 503% and 210%, respectively -- making them the top two performers in the Nasdaq-100.While it may be tempting to follow the momentum, I think a harsh sell-off could be in store later this month. Read on to find out why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool