Memory stocks left behind the AI Recovery Train?

It seemed like all the AI-infrastructure stocks dropped heavily last month, with pretty much everything selling off together. We're starting to see a strong recovery in many of these stocks (NBIS, CRWV, BE, MRVL) besides memory.

It makes me wonder if these stocks can actually decouple from one another if they're all ultimately riding the same AI buildout narrative. Memory is obviously viewed as more cyclical, but how much of that explains the gap we're seeing right now?

I understand MU and SNDK had a tremendous run-up, but I feel much of that is justified by its earnings growth. Will memory stocks continue to be valued differently from these other AI stocks (i.e. lower multiples), or do you see a strong rebound to catch up with all the other names.

TL;DR: Do you see a scenario where the rest of the AI trade return to ATHs while memory stocks do not?