Sandisk Stock Surges Over 850% in First Half of 2026 Amid AI Demand
Sandisk (NASDAQ: SNDK) stock surged over 857% through June 2026 due to increased demand for NAND Flash memory used in artificial intelligence data centers. The company's gross profit margins rose significantly, reaching 78% in Q3 2026 compared to 51% a year earlier.
Topics: AI infrastructure memory chips NAND Flash memory tech sector growth