Micron and SK Hynix have seen significant stock price increases as investors shift focus from GPUs to memory as a critical component of AI infrastructure. Analysts have raised price targets for these companies, highlighting high-bandwidth memory as a new bottleneck in AI hardware. This shift indicates a broader market reevaluation of AI infrastructure needs, extending beyond traditional GPU leaders. The market's attention is now on the broader AI supply chain, including memory, storage, and networking, which are essential for large AI models. In the crypto market, assets related to computation and storage, such as Bittensor, Render, and Filecoin, may gain interest. However, the cyclical nature of the memory industry poses risks, as supply-demand dynamics can quickly change, affecting both semiconductor stocks and AI-related crypto assets.