This Memory Sector Sleeper Stock Nears a Profitability Turning Point

Key Points Everspin Technologies makes memory chips for aerospace and military applications. It just signed a $40 million deal with a defense contractor. It is nearing a turning point in profitability. 10 stocks we like better than Everspin Technologies › Memory stocks have been driving markets this year, as demand soars for memory and storage chips to support the massive build-out of artificial intelligence (AI) infrastructure. Many investors are familiar with the big names in the memory space , like Micron (NASDAQ: MU) , Sandisk (NASDAQ: SNDK) , Western Digital (NASDAQ: WDC) , and Seagate (NASDAQ: STX) . They have all put up eye-popping triple-digit returns this year. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.