Motley Fool featured Silicon Motion Technology in a July 7, 2026, report on millionaire-maker AI stocks. The company specializes in NAND flash controllers essential for AI memory storage.
Silicon Motion shares have more than tripled year-to-date. Management forecasts second-quarter revenue growth of over 100% year-over-year.
Growth stems from rising SSD controller demand in AI, cloud, and automotive sectors. The company is currently ramping up its new PCIe Gen5 client SSD controller.