Micron, Sandisk, and Intel shares soar over 148% in 2026, fueled by AI-driven memory chip demand and supply constraints.
Shares of Micron (MU), Sandisk (SNDK), and Intel (INTC) have surged in 2026, with gains of 220%, 500%, and 148%, respectively. The rally is driven by soaring demand for memory chips, particularly NAND and DRAM, as AI data-center expansion creates a supply bottleneck.
Memory chip prices have skyrocketed over the past year, boosting revenue and profits for Micron and Sandisk. Micron expects the tight supply conditions to persist beyond 2027, suggesting continued growth for both companies. Sandisk focuses on NAND memory and storage devices, while Micron produces both NAND and DRAM.
The AI-driven demand surge has positioned memory chips as a critical component in data-center infrastructure, with no immediate relief in sight for supply constraints.