This Artificial Intelligence (AI) Stock Is Up 4,800% in the Past Year. Wall Street Says This Will Happen Next.
Sandisk shares have rocketed higher amid an unprecedented memory chip supply shortage.
This Artificial Intelligence (AI) Stock Is Up 4,800% in the Past Year. Wall Street Says This Will Happen Next.
Overview
Sandisk (NASDAQ: SNDK) has reinvented itself since being spun off from Western Digital in early 2025. The company, once a sleepy consumer brand focused on portable storage, has reoriented around enterprise storage solutions for artificial intelligence.
That evolution has made Sandisk one of the hottest trades on Wall Street. The stock added more than 4,800% in the past year as investors diversified beyond traditional AI hardware companies like Nvidia and Broadcom, pouring capital into the memory chip industry.
Details
Here's what investors should know about this AI infrastructure stock.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
