Recent developments in the AI Chips sector highlight significant growth and strategic expansions. Fort Technology Inc., a subsidiary of Nexera Technologies, reported a record 49% increase in revenue and a 145% rise in gross profit for the first half of 2026. This growth is attributed to a substantial increase in units sold through the Amazon Marketplace and the expansion into new European markets. Additionally, Fort Technology is expanding its focus into data center solutions through the acquisition of a majority interest in Logia USA, which provides automated fuel maintenance and integrity systems critical for reliable backup power in data centers. These developments underscore the dynamic shifts and opportunities in the AI-driven technologies landscape.

In other market news, Kioxia Holdings (TSE:285A) was trading firmly up 15% and finishing the session at ¥61,800. Meanwhile, Phison Electronics (TPEX:8299) lagged, down 8.8% to finish the session at NT$2,080.00.

Best AI Chip Stocks

• Micron Technology (NasdaqGS:MU) closed at $971.66 up 2.3%.
• NVIDIA (NasdaqGS:NVDA) ended the day unchanged at, $225.16, not far from its 52-week high.
• Broadcom (NasdaqGS:AVGO) closed at $392.99 down 5.9%.

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• Explore the 124 names, such as Nanya Technology, FormFactor and Skyworks Solutions, from our AI Chip Stocks screener here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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