Memory storage is a notoriously cyclical business… and right now, it’s back in boom mode, fueled by red-hot AI demand.

One industry leader is seeing such incredible demand that it just pre-raised guidance for its upcoming quarter… beating its own prior forecast and Wall Street’s expectations.

The same day, a major bank hiked its price target nearly 50% above current levels.

Better yet, fears about tariffs derailing this stock are overblown thanks to a massive new domestic investment plan.