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The growing need for low-cost, small-size, and power-efficient random-access memory technology, rising investment in electronic devices, and the development of smart robots should fuel the MRAM industry’s growth. The MRAM market is expected to register a CAGR of 62.1% by 2026.
Given this backdrop, fundamentally sound MRAM stocks NVE Corporation (NVEC) and Everspin Technologies, Inc. (NASDAQ:MRAM) could be solid bets now.
