Nvidia CEO Highlights Memory Needs in AI at CES 2026 Event

At CES 2026, Nvidia CEO Jensen Huang emphasized that memory requirements are increasing for AI applications. Following his remarks, Micron Technology (MU) reported a total revenue of $41.4 billion for its fiscal 2026 third quarter, up from $37.3 billion in 2025. Sandisk also experienced substantial growth, with a 251% revenue increase to $5.9 billion in the same quarter. This highlights the growing demand for memory in AI, which could have significant implications for investors in semiconductor companies.