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Market Brief: After SK Hynix And Micron, Where Does The AI Infrastructure Trade Go Next?

By Seeking Alpha May 19, 2026 Bullish
Market Brief: After SK Hynix And Micron, Where Does The AI Infrastructure Trade Go Next?
Hyperscaler capex is now large enough to turn component shortages into pricing power, which explains the surge in memory names such as Micron and SK Hynix. The next constraint is likely power and data-center infrastructure, as AI demand must pass through grid capacity, electrical equipment, and thermal systems.
Hyperscaler capex is now large enough to turn component shortages into pricing power, which explains the surge in memory names such as Micron and SK Hynix. The next constraint is likely power and data-center infrastructure, as AI demand must pass through grid capacity, electrical equipment, and thermal systems.