How did Huang's comments affect Micron and SanDisk stocks?

The comments were seen as very positive for both companies, reinforcing expectations of sustained demand for memory chips.

When and where did Huang make these remarks?

He made them from South Korea on Friday evening after a sharp sell-off in semiconductor stocks.

NVIDIA CEO: Memory Shortage to Last Years, Good for Micron, SanDisk

Jensen Huang, CEO of NVIDIA, stated that the memory chip shortage tied to AI will continue for several years, speaking from South Korea after a sharp sell-off in semiconductor stocks. The remarks are seen as positive for Micron Technology and SanDisk.

June 8, 2026

2 min read

Source: 24/7 Wall St.

Jensen Huang, CEO of NVIDIA (NVDA), said that the memory shortage driven by artificial intelligence will persist for several years, delivering a bullish signal for Micron Technology (MU) and SanDisk (SNDK) after a brutal chip sell-off on Friday.

Details

Speaking from South Korea, Huang described AI-related stocks as "very cheap right now" and framed the AI supply crunch as a multi-year condition. The comments directly benefit memory makers like Micron and SanDisk, which are key suppliers of memory chips used in AI applications.

Context

The statement came after a sharp decline in semiconductor stocks on Friday, which had rattled investors. Huang's reassurances helped stabilize sentiment, emphasizing that strong demand from data centers and AI workloads will keep memory prices elevated.

What It Means for Investors

Huang's outlook supports a long-term positive view on memory stocks, though short-term volatility remains. Investors should monitor supply-demand dynamics and earnings reports from Micron and SanDisk for confirmation.

Frequently Asked Questions

He said the AI-driven memory shortage will continue for several years, supporting memory prices and manufacturer profits.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.