This Artificial Intelligence (AI) Memory Stock Will Go Parabolic on Oct. 30

Prediction: This technology artificial intelligence (AI) computing possible has skyrocketed. One of the leading manufacturers of memory chips for AI hyperscalers is Micron <a s last earnings call. Jassy explained that Amazon planned to increase its 2026 capex budget to $220 billion—up from its previous forecast of $200 billion — specifically because of higher memory costs.

Meanwhile, Alphabet raised its 2026 capex forecast to $195 billion to $205 billion during its second-quarter earnings call. Management attributed the increase to accelerating infrastructure investments and capacity supply constraints. Although Alphabet did not explicitly identify memory as the culprit, its comments reinforce the underlying idea that demand for AI compute is insatiable.

As both companies prepare to report earnings this week, investors should pay close attention to any additional commentary surrounding memory availability, pricing, and infrastructure spending.