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Growth Funds Were Ahead of Their Indexes on the AI-Buildout Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=2668996633","media":"Morning Star","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2668996633?lang=en_us&edition=fundamental","pubTime":"2026-09-17 00:00","pubTimestamp":1789574400,"startTime":"0","endTime":"0","summary":"The Russell 1000 Growth Index's reconstitution rules effectively kept Micron out of many growth funds during the stock's recent runup.Source: Morningstar Direct. Data as of Sept. 7, 2026. Download CSV.Value Stocks, Growth ReturnsArtificial intelligence obsoleted the style labels, and fast. AI models’ appetite for computer memory, storage, and networking hardware has been insatiable since ChatGPT’s release in late 2022. The subsequent feeding frenzy sharply boosted suppliers’ earnings and the market repriced their shares faster than the index could keep up.Source: Morningstar Direct. Data as of Sept. 7, 2026. Cumulative total return expressed as a percentage. Sandisk began trading in February 2025, so its return covers a shorter window than the others. Download CSV.Intel, Micron, and Western Digital each sat in the value column, or middle, of the Morningstar Equity Style Box before climbing into large- and giant-cap growth quarters before the Russell 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