By Zacks Equity Research
Publication Date: 2026-05-15 06:39:00
For Immediate Release
Chicago, IL – May 15, 2026 – Today, Zacks Investment Ideas feature highlights Micron Technology MU, Sandisk Corporation SNDK and Nvidia NVDA.
How Far Can the Micron and SanDisk Rally Run?
Micron Technology and Sandisk Corporation have become two of the defining stocks of the current AI infrastructure trade. After years of being viewed as highly cyclical commodity memory companies, both stocks have exploded higher as investors reprice the value of DRAM, NAND, high-bandwidth memory and enterprise storage in the AI era.
The move has been extraordinary to say the least. Micron has surged as demand for high-bandwidth memory has overwhelmed available supply, while Sandisk has become one of the market’s most dramatic winners as NAND flash and enterprise SSD demand have tightened sharply. Sandisk is up nearly 500% year to date and more than 3,300% in the last year, while Micron has gained 730% in that time.
The reason is simple: memory has become one of the key bottlenecks in the AI buildout. Both stocks boast a Zacks Rank #1 (Strong Buy) rating, but can investors still reasonably consider buying shares after such a massive rally?
Memory Is No Longer an Afterthought
For much of the last decade, investors focused primarily on GPUs, cloud providers and hyperscale data centers as the center of the AI trade. But as AI workloads scale, memory is increasingly becoming one of the most critical bottlenecks in the entire AI…
