Artificial intelligence is fueling one of the biggest technology investment cycles in decades, driving strong demand for high-performance chips, memory, storage and enterprise servers. AI infrastructure-supporting companies like Micron Technology, Inc. (MU), SanDisk Corporation (SNDK), NVIDIA Corporation (NVDA) and Hewlett Packard Enterprise Company (HPE) will continue to benefit from the ongoing AI infrastructure boom. Despite their impressive growth prospects and strong earnings momentum, all four trade below the Zacks Computer and Technology sector’s forward 12-month price-to-earnings (P/E) multiple of 22.92. These stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank of 1 (Strong Buy). Micron has become one of the biggest beneficiaries of the AI boom; its third-quarter fiscal 2026 revenues and non-GAAP earnings per share (EPS) jumped 346% and 1,215%, respectively, year over year.