Micron Technology and Sandisk are experiencing substantial stock growth in 2026, driven by the booming demand for AI memory chips. Micron's stock has already risen 50% this year, following a 239% increase in 2025. The company, a major DRAM and NAND memory chip maker, benefits from high-bandwidth memory (HBM) demand for AI accelerators, with its HBM production sold out for the year. Sandisk, specializing in NAND flash storage, sees increased demand for its solid-state drives (SSDs) in data centers. Analysts expect these memory shortages to persist through 2028, ensuring continued strong performance for both companies.
In the broader AI chip sector, TSMC, the world's largest contract chip manufacturer, forecasts its AI chip revenue to grow at a 60% compound annual growth rate until 2029. TSMC manufactures advanced chips for major players like Nvidia and Apple, holding a dominant 71% foundry market share. Nvidia reported earnings that significantly beat Wall Street estimates, with CEO Jensen Huang emphasizing the exponential growth in AI computing demand. Dell Technologies also projects approximately $50 billion in AI server revenue for the fiscal year ending January 2027, backed by a record backlog of $43 billion.
Google has launched Nano Banana 2, an upgraded AI image generation tool also known as Gemini 3.1 Flash Image Preview. This new model topped Artificial Analysis's Text to Image Leaderboard, outperforming OpenAI's GPT Image 1.5, and is available at half the price of competitors. It features enhanced real-world knowledge grounding and improved text rendering, now integrated across Google's Gemini app, Search, and Flow video tool. Meanwhile, Salesforce provided a cautious revenue outlook of about $46 billion for the fiscal year ending January 2027, raising investor concerns despite promoting its growing AI tool, Agentforce.
Not all AI companies are seeing smooth sailing; C3.ai recently cut its sales forecast and laid off 26% of its workforce, missing fiscal Q3 estimates. This indicates that while AI demand exists, companies are becoming more selective with their budgets, lengthening deal timelines. On a positive note, Guidde secured $50 million in Series B funding for its AI platform, which helps businesses automate software processes and create training guides. Furthermore, AI is expected to significantly boost investment in health care and life sciences in 2026, with regulatory bodies like the FDA promoting its use for drug discovery and manufacturing efficiencies.
Key Takeaways
- Micron Technology's stock surged 50% in 2026, following a 239% increase in 2025, driven by high demand for AI memory chips.
- Micron's high-bandwidth memory (HBM) production is sold out for the year, with memory shortages expected to last through 2028, also benefiting Sandisk's NAND flash storage.
- TSMC forecasts a 60% compound annual growth rate for its AI chip revenue through 2029, manufacturing for companies like Nvidia and Apple.
- Nvidia's earnings exceeded expectations, highlighting exponential growth in AI computing demand, and the company received approval for limited H200 shipments to China.
- Dell Technologies expects $50 billion in AI server revenue for the fiscal year ending January 2027, supported by a $43 billion backlog.
- Google launched Nano Banana 2 (Gemini 3.1 Flash Image Preview), an AI image generation tool that topped Artificial Analysis's leaderboard, outperforming OpenAI's GPT Image 1.5 and costing half the price.
- Salesforce issued a cautious revenue outlook of approximately $46 billion for FY ending January 2027, sparking investor concerns about its AI market position.
- C3.ai reduced its sales forecast and laid off 26% of its workforce, indicating increased selectivity in AI budgets and longer deal timelines.
- Guidde raised $50 million in Series B funding to expand its AI platform for workplace training and process automation.
- AI is projected to significantly increase investment in the health care and life sciences industries in 2026, with the FDA promoting its use for drug discovery.
Micron stock surges 50% in 2026 on AI chip demand
Micron Technology's stock has already risen 50% in 2026, following a 239% increase in 2025. The company is a major DRAM and NAND memory chip maker, benefiting from high demand for AI data centers. Micron's high-bandwidth memory (HBM) production is sold out for the year, and they are securing long-term commitments. Despite recent gains, the stock is considered attractively valued.
Micron vs. Sandisk AI stock battle heats up
Both Micron Technology and Sandisk are seeing significant stock gains in 2026 due to high demand for AI memory chips. Micron, primarily a DRAM maker, benefits from the need for high-bandwidth memory (HBM) in AI accelerators. Sandisk, a NAND flash storage company, is seeing increased demand for its solid-state drives (SSDs) in data centers. Analysts predict continued growth for both companies as memory shortages persist.
Micron and Sandisk lead AI stock surge
Micron Technology and Sandisk have experienced substantial stock growth in 2026, driven by the booming demand for AI applications. Micron, which focuses on DRAM, is benefiting from the need for high-bandwidth memory (HBM) in AI chips. Sandisk, a NAND flash storage provider, is seeing increased demand for its SSDs in data centers. Both companies are expected to continue their strong performance due to ongoing memory shortages.
Micron and Sandisk: Top AI stock picks for investors
Micron Technology and SanDisk are strong performers in the AI sector, with both stocks showing significant gains. Micron offers a diversified range of memory and storage solutions, including DRAM and NAND flash, crucial for AI data processing. SanDisk specializes in NAND flash storage, providing essential SSDs for AI applications. Investors are weighing Micron's diversification and established track record against SanDisk's focused growth strategy in the booming AI market.
Micron and Sandisk AI stocks surge on strong demand
Micron Technology and Sandisk are experiencing significant stock growth in 2026 due to the high demand for AI applications. Micron, which generates most of its revenue from DRAM, is benefiting from the need for high-bandwidth memory (HBM) in AI chips. Sandisk, a NAND flash storage company, is seeing increased demand for its SSDs in data centers. Analysts predict continued strong earnings growth for both companies as memory shortages are expected to last through 2028.
Google launches Nano Banana 2 AI image tool
Google has released Nano Banana 2, an upgraded AI image generation tool, following the viral success of its predecessor. This new model offers faster performance and improved details, integrated across Google products like the Gemini app and Search. The launch is part of Google's effort to strengthen its position in the AI race against competitors like OpenAI. The original Nano Banana AI image editor attracted millions of users and generated billions of images.
Google's Nano Banana 2 leads AI image generation
Google's new Nano Banana 2, also known as Gemini 3.1 Flash Image Preview, has topped Artificial Analysis's Text to Image Leaderboard, outperforming OpenAI's GPT Image 1.5. This AI model is available at half the price of its competitors, offering a strong value proposition. Nano Banana 2 features enhanced real-world knowledge grounding, improved subject consistency, and better text rendering within images. It is now the default model across Google's Gemini app, Search, and Flow video tool.
TSMC forecasts 60% AI chip revenue growth through 2029
TSMC, the world's largest contract chip manufacturer, expects its AI chip revenue to grow at a 60% compound annual growth rate (CAGR) until 2029. This growth is driven by the increasing demand for advanced semiconductors used in AI technologies, with major AI companies like Nvidia relying on TSMC's manufacturing capabilities. The company's investments in R&D and manufacturing capacity position it to meet this demand, making its stock a potential buy for 2026.
TSMC dominates chip manufacturing with strong AI growth
Taiwan Semiconductor Manufacturing (TSMC) is a leader in AI chip production, forecasting a 60% compound annual growth rate (CAGR) for its AI chip revenue through 2029. The company manufactures advanced chips for major players like Nvidia and Apple, holding a dominant 71% foundry market share. Despite geopolitical risks associated with its Taiwan location, TSMC's financials show strong revenue and profit growth, with high-performance computing revenue rising significantly. Its valuation is at a five-year high.
Nvidia's strong AI profits fail to lift markets
Despite Nvidia reporting earnings that significantly beat Wall Street estimates, its performance has not boosted the broader market. This suggests that investors are increasingly concerned about the sustainability of the AI sector's growth. While Nvidia's results highlight the exponential growth in AI computing demand, the market's muted reaction indicates that the company alone cannot overcome growing sector-wide anxieties.
AI drives investment in health care and life sciences
Artificial intelligence is expected to significantly boost investment in the health care and life sciences industries in 2026. Regulatory bodies like the FDA are promoting AI use for drug discovery and manufacturing efficiencies. Companies are increasingly focused on AI for compliance, data governance, and improving clinical decision support. Digital health and telehealth are also gaining renewed interest, enhanced by AI integration.
Salesforce AI outlook sparks investor concerns
Salesforce provided a cautious revenue outlook for the upcoming fiscal year, raising concerns among investors about its position in the AI era. The company anticipates revenue of about $46 billion for the fiscal year ending January 2027. While Salesforce is promoting its AI tool Agentforce, which has seen significant growth in annual recurring revenue, its overall growth forecast may not alleviate worries about AI disruption in the software market. The company's shares fell following the announcement.
Guidde raises $50M for AI workplace training
Guidde, a company that helps businesses document and automate software processes, has secured $50 million in Series B funding. The platform uses AI to turn employee workflows into training guides, serving over 4,500 companies. This funding will support Guidde's expansion and operations as businesses increasingly seek ways to train employees on AI systems and integrate automation. The company has shown consistent revenue growth and high customer retention.
Dell projects $50 billion AI server sales for 2027
Dell Technologies expects to generate approximately $50 billion in AI server revenue in the fiscal year ending January 2027, exceeding initial estimates. The company cited a record backlog of $43 billion, highlighting strong demand for its AI solutions. Dell's AI servers are being adopted by cloud providers and major AI companies. The company is focused on managing costs and improving margins amidst rising memory chip prices and dynamic market conditions.
C3.Ai slashes forecast and cuts jobs amid sales slump
C3.ai has announced a sales forecast reduction and significant layoffs, cutting 26% of its workforce. The AI software firm missed fiscal Q3 estimates, reporting a wider loss than expected and lower revenue guidance. This move signals that while AI demand exists, companies are becoming more selective with their budgets, lengthening deal timelines. C3.ai aims to preserve cash and focus on turning pilot projects into durable contracts.
Nvidia's AI results calm markets, boost outlook
Nvidia's latest quarterly results exceeded market expectations, easing investor concerns about the sustainability of AI investment. CEO Jensen Huang highlighted the exponential growth in AI computing demand, stating that all companies will depend on AI. The company also received U.S. government approval for limited shipments of H200 products to China, and upgraded its revenue guidance for the upcoming quarter. Market futures showed little change following the announcement.
Sources
- This Under-the-Radar AI Stock Is Already Up 50% in 2026
- Better Artificial Intelligence (AI) Stock: Micron Technology vs. Sandisk
- Better Artificial Intelligence (AI) Stock: Micron Technology vs. Sandisk
- Better Artificial Intelligence (AI) Stock: Micron Technology vs. Sandisk
- Better Artificial Intelligence (AI) Stock: Micron Technology vs. Sandisk
- Google rolls out Nano Banana 2 after viral success of AI image generation tool
- Google’s Nano Banana 2 Takes Top Spot In Artificial Analysis’ Text-To-Image Index At Half The Price Of Nano Banana
- TSMC Expects AI Chip Revenue to Grow at a 60% CAGR Through 2029. Is the Stock a Buy for 2026?
- TSMC Expects AI Chip Revenue to Grow at a 60% CAGR Through 2029. Is the Stock a Buy for 2026?
- Why Nvidia’s Big Profits Aren’t Lifting Markets
- AI Use Will Drive Health Care and Life Sciences Investment
- Salesforce Gives Disappointing Revenue Outlook, Feeds AI Anxiety
- Guidde raises $50M to expand AI workplace training platform
- Dell Projects AI Server Boom Will Spur $50 Billion in 2027 Sales
- C3.Ai’s Sales Slump Forced A Forecast Cut And Layoffs
- Breakfast News: Nvidia Rewards Faith in AI Boom
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