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The market initially reacted badly to guidance, but several think the next memory bull market is just starting.
Micron (NASDAQ: MU) and Advanced Micro Devices (NASDAQ: AMD) represent two ways to invest in the expansion of the semiconductor market. Micron is a major producer of DRAM and NAND memory chips, while AMD sells x86 CPUs and discrete GPUs. Micron ranks second in DRAM and fifth in NAND, according to technology market intelligence firm TrendForce, while Samsung is the leader in both markets.