Micron and Sandisk Have Crushed Nvidia as the Top Artificial Intelligence (AI) Stock in 2026. Can That Continue?
https://www.aol.com/articles/micron-sandisk-crushed-nvidia-top-105000000.html
Publish Date: 2026-06-10 07:08:00
Source Domain: www.aol.com
- Micron and Sandisk Outperform Nvidia in 2026: Micron is up 228% and Sandisk nearly 600% in 2026, far surpassing Nvidia’s 12% growth. This surge is due to a significant shortage in the memory chip market.
- Demand Over Supply for Memory Chips: High demand for NAND (used in SSDs) and DRAM (used in computing chips) leads to sustained memory chip price increases and continued profitability for Micron and Sandisk, potentially allowing for further growth.
- Nvidia’s Weak 2026 Start May Improve: Despite a slow start in 2026, with stock growth behind Micron and Sandisk, Nvidia beat earnings expectations and projected substantial revenue increases and capital expenditures for hyperscalers in AI.
- Nvidia’s Growth Potential Remains High: Estimates predict $1 trillion in AI capital expenditures next year and $3-4 trillion in data center spending by 2030, much of which has not yet been reflected in its stock price, indicating potential future growth.
