Memory Chip Stocks Surge on AI Computing Demand
import_jmr · x · 2026-07-07
According to Bloomberg, the Philadelphia Semiconductor Index rose 82% this quarter, its best quarterly performance ever. Western Digital is up 240% year-to-date, Micron up 310%, SanDisk up 700%. Different companies with different products all benefit from the same tailwind (AI computing power); nearly any stock in this basket purchased this year would yield gains.
Related event: AI Demand Drives Massive Surge in Memory and Storage Chip Stocks(2 posts)→
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