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Top S&P 500 Gainers: SMCI and Micron Boosted by AI Advancements, Dexcom Breaks Out of Mini-Consolidation

Super Micro and Micron Lead S&P 500 Index on Monday with AI Stocks

Top S&P 500 Gainers: SMCI and Micron Boosted by AI Advancements, Dexcom Breaks Out of Mini-Consolidation

Super Micro Computer (SMCI) and Micron Technology (MU) were the top gainers in the S&P 500 index on the stock market. SMCI’s stock surged 7.2% to 1,042.79, while Micron’s stock rose by 6.2% to 117.04. Dexcom’s stock also climbed by 5.2%, breaking out of a mini-consolidation within the buy zone of a flat base.

Micron has benefited from AI advancements and reported a surprise profit with bullish guidance, leading to its strong performance on the market. SMCI, which manufactures AI servers utilizing chips from Nvidia (NVDA) and other companies, has been the top performer in the S&P 500 with a substantial increase of 267.3% in 2024.

Constellation Energy saw a 5.1% increase to 187.26, hitting a record high due to increasing demand for energy due to booming data centers it serves as a major electric utility company. Moderna’s stock rose by 4.7% to

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