Reported 1 day ago
SanDisk (SNDK) saw a nearly 10% increase in its stock price, reaching a new 52-week high of $68.67, as investors reacted positively to broader market enthusiasm for Artificial Intelligence. This rally was supported by bullish forecasts from Morgan Stanley regarding the NAND memory market, driven by increasing demand from AI infrastructure. Despite limited exposure to enterprise SSDs, projections for SanDisk's future growth remain optimistic.
Source: YAHOO