America’s stock market is surging, but it’s still all about AI | CNN Business

While AI companies like Anthropic prepare public offerings, memory chip and data storage companies have seen major stock gains.

SanDisk shares have soared more than 600% this year as AI's data demands create concerns about supply shortages for memory and storage.

Micron Technology reached $1 trillion in market value last week, doubling from $500 billion in just under 50 trading days.

AI-generated summary was reviewed by a CNN editor.

AI companies’ plans for blockbuster initial public offerings (IPOs) are captivating Wall Street.