Micron Is S&P 500s Top 5-Year Tech Winner After 1,313% Rally
Micron Technology has delivered one of the most extraordinary five-year runs in the S&P 500, and even Nvidia has failed to keep pace. MU closed Friday at $1,016.59, leaving the stock up roughly 1,313% over five years, according to StatMuse. Nvidia returned about 912% over the same period. Microns transformation is equally dramatic in dollar terms. Its market capitalization has climbed from roughly $104.2 billion at the end of 2021 to about $1.15 trillion today, an increase of more than $1 trillion. Micron leads AI peers over five years.Microns Five-Year Ranking Needs One Important Caveat StockMKTNewz post calls Micron the best-performing S&P 500 stock over five years. Using todays constituent list, that is not quite the case. Sandisk currently ranks first and Comfort Systems USA second, but neither was an S&P 500 member throughout the period. Sandisk only became independent in February 2025 before entering the index in November, while Comfort Systems joined in December. Microns run is therefore more comparable with established constituents such as Nvidia. The scale of that rally was already evident when Micron crossed $1 trillion earlier this year. The company has also moved far beyond its reputation as a cyclical PC-memory supplier. AI Has Changed the Economics of Memory High-bandwidth memory, or HBM, has become essential for
