15 S&P 500 Stocks Up Over 100% This Year Share AI-Driven Momentum
Fifteen stocks in the S&P 500 have surged by more than 100% this year, driven largely by the rapid expansion of artificial intelligence infrastructure. Sandisk (SNDK) leads with a nearly 600% gain due to strong demand for memory chips used in AI data centers. While chip leader Nvidia (NVDA), up just 18%, is not on the list, other tech giants like Dell and Intel have benefited from pivoting toward AI infrastructure. The trend highlights how the AI boom has broadened beyond hyperscalers such as Amazon to include energy firms like Marathon Petroleum and Valero. These companies are supplying fuel for new data centers across the U.S., underscoring a growing intersection between traditional industries and tech-driven demand. The year also saw record capital expenditures from major players including Microsoft, Amazon, Google, and Meta in their AI ambitions. Nvidia's recent $500 billion financing deal with top financial firms further signals confidence in its role as an AI infrastructure leader. Meanwhile, potential IPOs for Anthropic and OpenAI are on the horizon.

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Topics: AI boom memory chips S&P 500 stock performance tech companies