๐ SanDisk $SNDK surges 5%+ today โ up 35% in a week on AI storage boom
SanDisk is on an absolute tear, opening up over 5% this morning and extending a staggering 35% weekly rally to around $1,641. The fuel: a bullish Investor Day last Wednesday where management guided for mid-to-high-teens annual revenue growth and 80%+ gross margins through FY2030 โ plus a boost from US trade news opposing Apple buying Chinese memory chips. AI infrastructure demand for flash storage is very much in the spotlight. Not financial advice. Is the AI storage supercycle just getting started?
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