This Under-the-Radar AI Stock Is Already Up 50% in 2026

One of the hottest artificial intelligence (AI) stocks to start 2026 has been Micron Technology (NASDAQ: MU). After being up 239% in 2025, the stock is already up a quick 50% in 2026. Despite the huge recent gains, though, the stock is not currently expensive based on traditional earnings valuations. The stock trades at a forward price-to-earnings (P/E) ratio of just 12.5 times the fiscal 2026 analyst consensus for the fiscal year ending August 2026 and 9.5 times fiscal 2027 analyst estimates. Will AI cre ...