Sandisk

SNDK

Market cap $56.8B

Windows 11 migration propels Sandisk's edge segment. Higher NAND content per PC and BiCS8 efficiency create sustained competitive positioning.

As AI models get larger, the need for nearline storage will drive memory demand, benefiting Sandisk and Seagate, Bernstein said.

Investors have been rushing to capitalize on the fast-growing demand for flash storage memory in data centers. Sandisk's results are on track to jump impressively, and investors have been buying the stock hand over fist.

Sandisk hits 52-week high as AI infrastructure boom drives demand. BiCS8 technology and expanding hyperscaler partnerships position SNDK for sustained growth ahead.

Sandisk Corp. is initiated with a Buy rating, driven by structural AI and NAND flash tailwinds, despite recent blistering rallies in its share prices. Rising AI inference workloads and expanding model context windows are fueling robust NAND flash demand and adoption in data centers, outside of demand for HBM and DRAM memory. Sandisk is advancing proprietary high-bandwidth flash (HBF), collaborating with SK Hynix, targeting integration with major GPU makers.

Following its February 2025 spin-off from Western Digital, Sandisk ( SNDK ) has emerged as a pure-play leader in the NAND flash memory and SSD (solid state drive) storage markets.  The stock has soared from $50 in August to $395 on Monday and is currently the top performer in the S&P 500 in the last year, benefiting from the "AI Data Cycle" shift from training to inference.

@ProsperTradingAcademy's Scott Bauer turns to three trades catching Wall Street's attention this week in memory chips, international tech, and banks. He offers his analysis and example options trades for SanDisk (SNDK), Baidu (BIDU), and Capital One (COF).

Sandisk Corporation has emerged as a structural winner in the AI-driven memory supercycle, benefitting not only from favorable near-term NAND pricing tailwinds, but also accelerating bit demand from complex compute workloads. The ramp of Sandisk's BiCS8 node represents a meaningful inflection that addresses scalability roadblocks in AI memory demands - especially in edge and cloud compute applications. Upcoming BiCS8-based products also unlock incremental scalability, enabling superior AI memory economics and better positioning Sandisk to capture outsized growth, as data center applications become the largest NAND demand driver.

The stock is soaring due to rapidly increasing demand for memory storage. The artificial intelligence (AI) buildout is driving demand for the kinds of devices Sandisk makes.

In just a month, the storage-chip manufacturer's stock has jumped approximately 55%, transforming what was previously an overlooked legacy tech company into one of Wall Street's most dynamic momentum plays. Single-day increases exceeding 20% have become commonplace, elevating the share price from the low-$200's to about $370–$380, and placing SanDisk (NASDAQ: SNDK) solidly among the best-performing stocks in the S&P 500 in recent weeks.