2 Artificial Intelligence (AI) Stocks That Are Quietly Outperforming Micron Technology in 2026 With 76% and 82% Gains
Publish Date: 2026-03-21 05:33:00
Source Domain: www.theglobeandmail.com
- Surpassing Micron in 2026 Growth: Despite Micron’s strong market performance with a 62% stock increase, both Lumentum and Western Digital have outperformed it, with gains of 90% and 77% respectively.
- AI and Market Growth: Western Digital and Lumentum are positioned to benefit significantly from the booming AI market, driven by massive growth in demand for their respective technologies.
- Lumentum’s AI Connectivity Solutions: Lumentum is supplying optical and photonic products critical for AI data centers’ fast data connectivity needs, contributing to its revenue surge and improving profitability.
- Western Digital’s Storing Solution Demand: The AI-driven surge in data has led to skyrocketing demand for Western Digital’s hard-disk drives, leading to strong revenue and earning growth, with the company even selling out of its 2026 HDD capacity.
- Potential for Further Growth: Both companies’ earnings growth is expected to remain strong, with Lumentum’s guidance forecasting significant revenue increases and Western Digital’s long-term agreements securing future revenue.
- Strategic Investment Consideration: Despite Lumentum’s impressive growth, it wasn’t selected among the top 10 recommended stocks by The Motley Fool Stock Advisor for future returns, highlighting a need for individual investment strategy evaluation.
