Missed Out on Sandisk's 580% Rally? Here Are 3 Chip Stocks You Can Buy Now

Sandisk (SNDK) is the S&P 500's best-performing stock in 2026 with a 580% gain, but the article argues it remains a buy alongside Micron Technology (MU) and Nvidia (NVDA). Micron and Sandisk both benefit from a severe NAND/DRAM memory chip shortage driven by surging data center demand, with supply expected to remain tight through at least 2027 due to the multi-year timeline for building new foundries.

Why it matters: Nvidia trades at just 23.7x forward earnings despite reporting 85% revenue growth last quarter and expecting nearly 100% growth next quarter, making it appear undervalued relative to its growth trajectory and expected 42% revenue growth in 2027.