The Motley Fool highlights three high-growth AI stocks: Micron Technology, Sandisk, and Nebius, which are benefiting from the AI infrastructure boom and are expected to see significant future growth. These companies are positioned to capitalize on the increasing demand for memory chips and cloud computing services.
Four of the Magnificent Seven tech stocks reported quarterly results, with Amazon, Alphabet and Microsoft beating expectations thanks to double-digit cloud computing growth driven by AI adoption. Meta missed expectations and saw its stock fall 5% after announcing increased capital expenditures. The companies plan to spend $650bn collectively on AI infrastructure in 2026, while over 92,000 tech workers have been laid off globally this year as AI replaces human labor.
Options traders are pricing in over $800 billion of market cap movement as four Magnificent Seven tech giants—Alphabet, Amazon, Meta, and Microsoft—report earnings Wednesday night. Implied moves are larger than the four-quarter average for three of four names, with Alphabet pricing a 6% move vs. its 1.5% average. Despite bullish options flows across all names, Meta is the exception at 7.3% vs. 9.3% average. Large call purchases include a $731,000 trade in Amazon and nearly $3 million in Microsoft calls.
