Sandisk has risen 1,000% in the stock market since summer. Its advantage is called Kioxia

European tech firms are experiencing significant growth, driven by the surging demand for Artificial Intelligence (AI) and the subsequent need for advanced data center infrastructure. SanDisk, in particular, has seen its stock price increase by an astonishing 1,000% in a short period, largely attributed to its strong position in the memory chip market, specifically Kioxia memory. This surge highlights a critical shift in the digital landscape, where components previously considered secondary are now at the forefront of technological innovation. The current AI boom has created a bottleneck for High Bandwidth Memory (HBM), traditionally the preferred memory for AI accelerators. Consequently, DRAM and NAND memory, areas where SanDisk is a dominant player, have become essential. This shift has unexpectedly benefited companies like SanDisk, alongside other key manufacturers such as Micron, placing them in a highly advantageous market position. This development has profound implications for the broader tech sector and the ongoing drive for digital sovereignty in Europe. As demand for AI hardware intensifies, the reliance on specialized memory components underscores the strategic importance of memory manufacturers. This trend could spur increased investment in European semiconductor production, fostering greater independence from non-EU suppliers and bolstering the continent's digital infrastructure resilience.