Nvidia, Micron, Sandisk stocks soar over 1,000% since AI boom began

Nvidia, Micron, and Sandisk have witnessed substantial stock increases, each rising over 1,000% since the onset of the AI boom, according to a report by Motley Fool. This growth aligns with the broader trend in the semiconductor industry, whose market cap has surged from $2.2 trillion in May 2023 to $9.4 trillion in April 2026. The demand for AI-driven infrastructure, particularly data-center memory and storage solutions, has propelled these companies to notable heights. Nvidia remains a central figure in this landscape, but memory and storage firms like Micron and Sandisk have at times outperformed it due to the escalating need for AI data-center components. Market participants are closely monitoring Nvidia’s potential to become the world’s largest company by market cap by the end of August 2026. Currently, Nvidia’s odds stand at 85.5% for achieving this milestone. The increase in semiconductor stocks appears consistent with broader confidence in the AI sector’s capacity to drive significant market growth. Though Nvidia is a key player, the gains seen by Micron and Sandisk suggest a diverse opportunity within the AI infrastructure market. Key Takeaways Nvidia, Micron, and Sandisk ...