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Micron and Sandisk Forecast Over 300% Revenue Growth Amid AI Demand, Palantir Stock Falls 30%
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Micron and Sandisk Forecast Over 300% Revenue Growth Amid AI Demand, Palantir Stock Falls 30%
Memory chip companies Micron and Sandisk lead Wall Street forecasts for revenue growth of over 300% this quarter, driven by AI data center demand, while Palantir shares have dropped 30% despite continued business growth.
- FactSet projects Micron's sales will grow 345.4% year-over-year and Sandisk's sales 337.8%.
- FactSet also lists Nvidia, Broadcom, Super Micro, Lumentum, and Teradyne among companies with the fastest expected revenue growth.
- Palantir shares have fallen 30% since the start of 2026 despite ongoing business growth.
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