Forget GPUs. The real Artificial Intelligence (AI) bottleneck is memory. DRAM, NAND, and high-bandwidth flash are the lifeblood of AI infrastructure — feeding data to silicon monsters like Nvidia Corp.’s (NVDA) H100s. Netlist Inc. (NLST) is one stock you can trade in the sector, says Nicholas Vardy, editor of Microcap Moonshots.
AI isn’t cyclical. It compounds. Yet fabs take years (and billions) to build. That creates structural scarcity. And unlike hype-chasing “AI” stocks, memory players are minting real profits. Jensen Huang nailed it: the world’s AIs need working memory. Lots of it. This isn’t a trade. It’s a choke point.
If you want alpha in this cycle, look beyond mega-caps. Follow the bottleneck. Because AI’s next revolution won’t be powered by hype. It’ll be powered by chips with nowhere near enough memory.
NLST has a market cap of around $272.8 million and an overall QVM Rating (quality, value, momentum) of 60. This disruptive underdog delivers high-performance memory and storage solutions to the world’s most demanding enterprise and AI applications. Armed with a powerful patent portfolio and courtroom wins against tech titans like Samsung and Micron, Netlist is fighting for billions in royalties.
It’s volatile, it’s bold — and it just might be the David tech giants fear most. It also has strong momentum, up 79% in three months and 64% in six months.
