It has been a big year for executives and investors at 15 companies in the S&P 500 (^GSPC), and it's all because of one factor.
You guessed it: the Great AI Boom.
There are now 15 companies in the S&P 500 up 100% or more this year (see chart below), per Yahoo Finance **** ysis. Sandisk (SNDK) is leading the way with an almost 600% gain on the year amid strong demand for its memory chips at ever higher prices.
The list is interesting for several reasons.
First of all, chip king Nvidia (NVDA) isn't on the list, as its stock is "only" up 18% year to date.
#finance #sandisk #sndk
You guessed it: the Great AI Boom.
There are now 15 companies in the S&P 500 up 100% or more this year (see chart below), per Yahoo Finance **** ysis. Sandisk (SNDK) is leading the way with an almost 600% gain on the year amid strong demand for its memory chips at ever higher prices.
The list is interesting for several reasons.
First of all, chip king Nvidia (NVDA) isn't on the list, as its stock is "only" up 18% year to date.
#finance #sandisk #sndk
7 hours ago
