Apple CEO Tim Cook Predicts a "100-Year" Flood. Here Are 2 Stocks Primed to Cash In.

Many other companies are dealing with rising memory chip prices.

Apple Chief Executive Officer Tim Cook dropped a bombshell on investors during the company's latest quarterly earnings call noting a "100-year flood" in memory chip pricing, suggesting a major event had occurred that upended all the company's usual analysis. This could be a major problem for Apple, as it has to raise prices just to maintain margins, potentially stretching already-indebted consumers and causing sales issues.

However, just because Apple may be struggling due to rising memory chip prices doesn't mean that investors will miss out on it. Instead, I'd suggest looking at memory chip companies to invest in, as they're the ones making a killing from rising prices.

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Two that I think are well-positioned to cash in are Sandisk (NASDAQ: SNDK) and Micron (NASDAQ: MU) . Each company has been on an absolute tear this year due to rising memory chip prices, and the trend could continue into 2027 if prices remain high.

Sandisk and Micron each fabricate memory chips. However, Sandisk focuses only on NAND memory, while Micron produces both NAND and DRAM. Both types of memory are used in Apple products and in data centers. DRAM memory is much faster but has a lower storage capacity. NAND memory is typically used for long-term data storage, although it isn't as fast as DRAM.

Each chip type is vital in a wide variety of computing devices. Still, with data centers sucking up all of the memory chip production capacity, every electronic device is being affected by soaring prices.

Apple isn't the only company in a pinch, either. Amazon noted on its conference call that it was raising its 2026 capital expenditure forecast from $200 billion to $220 billion due to rising memory chip prices. That likely echoes sentiment across the board from various AI hyperscalers that are dealing with the same problem, but it's not a problem for Sandisk and Micron. Both companies are making a fortune from rising prices and increased demand.