Can Micron and Sandisk Continue Their Unprecedented Rise Through 2027?
Yahoo Finance ·
Sandisk ( SNDK 14.00% ) and Micron Technology ( MU 5.68% ) were the two top-performing stocks in the S&P 500 ( ^GSPC +0.00% ) to date. Sandisk is by far leading the way, rising over 600% so far this year. Micron is a long way behind but still up around 240%. No matter how you slice it, that's an impressive run and leaves many investors disappointed they didn't hop in earlier. However, nobody can time-travel back to the start of 2026 and buy shares of these two. Instead, investors can only start now and predict what's ahead. So, can Sandisk and Micron continue their unprecedented rise through 2027? Let's take a look. Sandisk and Micron operate in the memory chip market. Sandisk makes NAND memory, which is typically used for long-term data storage. Micron makes both NAND and DRAM, with DRAM used alongside computing devices like graphics processing units (GPUs) for ultrafast memory access, ensuring these units have instant access to the information they need. While most components that go into data centers have had the capacity to ramp up to meet demand, the memory portion of components that go into data centers has not . With soaring demand and insufficient capacity, prices have spiked for memory components. This has led to phenomenal revenue growth for both Micron and Sandisk.
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