Azure's 43% growth and $41B in quarterly capex are sending memory chip stocks into orbit, with ripple effects reaching crypto's AI-adjacent tokensMicrosoft just handed chip investors an early Christmas present, in July. Why Microsoft’s quarter moves chip stocksAzure, Microsoft’s cloud platform, posted 43% growth in the quarter. The company is on pace to deploy roughly $175 billion into AI infrastructure across all of calendar year 2026. Micron and SanDisk shares have surged over 200% in 2026 as that demand narrative has taken hold. If that pace holds through the rest of calendar 2026, the implied full-year figure would reinforce the $175 billion projection and keep memory chip demand elevated.