NVIDIA (NVDA), Micron Technology (MU), and SanDisk (SNDK) have led the semiconductor sector in 2026, with NVIDIA rising 14.71% year-to-date. Analysts continue to raise price targets for these companies despite their significant gains, citing sustained demand visibility and strong earnings beats. NVIDIA's fiscal 2028 EPS estimate has increased to $15.91 from $12.76 over the last 90 days, reflecting growing confidence in its growth trajectory. NVIDIA trades at a forward P/E of 13x based on fiscal 2028 estimates, significantly below the S&P 500 average. Management expects revenue to grow approximately 70% while supply remains constrained, with Jensen Huang noting that unconstrained numbers could be much higher. The company is launching Vera Rubin, described as its fastest product ramp in history, and faces a top-five hyperscaler capital expenditure of $1.3 trillion in 2027. The article highlights that NVIDIA has exceeded EPS forecasts for five consecutive quarters, reinforcing the bullish case for further upside to a $300 price target. While China data center sales are excluded from guidance, the core memory and compute business remains robust. The narrative suggests that even at higher valuations, NVIDIA remains cheaper than the broader market multiple.