Prediction: The Best-Performing Artificial Intelligence (AI) Stock of Q2 2026 Isn't Nvidia. It's This One.

Will AI make the world's archetypal trillionaire? Our squad conscionable released a study connected the 1 little-known company, called an "Indispensable Monopoly" providing the captious exertion Nvidia and Intel some need. Continue »

So, Nvidia looks similar an charismatic bargain close now. However, there's different AI banal that's cheaper than Nvidia and has been clocking bigger net growth: Sandisk (NASDAQ: SNDK). The representation specialist's banal jumped a whopping 167% successful Q1, importantly outpacing Nvidia's returns.

Importantly, Sandisk could proceed to outperform Nvidia successful Q2 and adjacent go the best-performing AI banal of the quarter. Let's look astatine the reasons why.

Sandisk makes flash representation information retention products specified arsenic solid-state drives (SSDs), representation cards, and USB drives. The request for its products, particularly from AI information centers, has been exceeding proviso significantly.

Sandisk's peer, Kioxia, noted successful January 2026 that it had already sold retired its 2026 NAND flash supply. Even Sandisk absorption noted connected the January net telephone that it sees "customer request good supra proviso beyond calendar twelvemonth 2026." The excess request has been driving up NAND flash prices.

Market probe steadfast TrendForce anticipates a 70% to 75% summation successful declaration prices for NAND flash representation successful the existent 4th from Q1 levels. That's higher than the 60% leap successful NAND flash prices successful Q1. So, it won't beryllium astonishing to spot Sandisk's phenomenal net maturation continuing.

The company's non-GAAP (non-generally accepted accounting principles) net successful the 2nd 4th of fiscal 2026 (which ended Jan. 2) changeable up by 5 times twelvemonth implicit twelvemonth to $6.20 per share. Its forecast of $12.00 to $14.00 net per stock for fiscal Q3 would beryllium a monolithic betterment implicit the $0.30 nonaccomplishment per stock successful the year-ago period. As the terms of NAND flash representation is poised to summation astatine a stronger gait successful calendar Q2, determination is simply a robust anticipation that Sandisk volition present outstanding guidance erstwhile it releases its quarterly study aboriginal this month.