Why Sandisk Stock Bounced Back Today
Computer memory supply could remain in deficit until at least mid-2028.
Overview
Sandisk (NASDAQ: SNDK) stock jumped 3.8% through 1 p.m. ET Monday. You can thank Wall Street for that.
This morning, UBS analyst Nicolas Gaudois issued a price forecast for DRAM computer memory -- which Sandisk doesn't make; it makes NAND. Nevertheless, his forecast of a 32% sequential DRAM price jump in Q3 2026, which is nearly twice his previous forecast of 17%, has investors thinking that what's good news for DRAM manufacturers such as Samsung and Micron (NASDAQ: MU) may also be good news for Sandisk.
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Details
Source
Originally published at www.fool.com.
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