Loading market dashboard
Sandisk Corporation
SNDKTechnologyNASDAQUS
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
Prices for Sandisk's products have been soaring due to a shortage. But the memory chip maker's shares don't trade at a major premium.
Shares of Micron Technology and SanDisk came under heavy selling pressure on Friday as a broad retreat in semiconductor stocks gathered pace. Investors reassessed the outlook for artificial intelligence-related names following Broadcom's latest earnings report and a stronger-than-expected US jobs report.
Highflying memory-chip stocks Micron and Sandisk tumbled on Friday after hitting record highs on Wednesday.
Is SanDisk's incredible bull run coming to an end?
Shares of three of the most explosive semiconductor names of 2026 are sliding hard in Friday morning trading.
Live Updates The analyst who called NVIDIA in 2010 just named his top 10 AI stocks This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE. SpaceX to the Moon 1 hour ago Live Morgan Stanley is making the case that... Live Nasdaq Composite: Chip Selloff and Rising Yields Weigh on Nasdaq After Jobs Report Stuns
Sandisk is a Buy, offering a high-margin, AI-driven storage play with multi-year demand visibility and a zero-debt balance sheet. SNDK's Q3 FY26 saw 251% YoY revenue growth, 78.4% gross margin, and a transformative shift toward data center and AI infrastructure revenue. Multi-year NBM agreements and $41.6B in remaining performance obligations underpin future cash flow visibility, reducing typical NAND cyclicality.
Sandisk has used the NAND supply shortage to raise prices and greatly improve its margins. Sandisk's gross margins have increased by 54.7 percentage points over the past year.
Broadcom's Q2 earnings report sparked a sell-off in computer memory stocks today. Sandisk stock is sinking on worries AI chip demand may be stalling out -- but it isn't.
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming.
Investors just can't seem to get enough of the memory and storage stocks, even after their mouth-watering parabolic moves. Micron (NASDAQ: MU) and South Korea's SK Hynix are now $1 trillion companies. It's hard to believe, but they're rising up the ranks in a big way. And analysts across Wall Street still expect more from the... Opinion: The Best Memory Stock to Buy Isn't Named Micron or SanDisk
After a vertical run that has minted one of the most extraordinary rallies of this cycle, the real question for SanDisk (NASDAQ:SNDK | SNDK Price Prediction) is whether the price has finally outrun the fundamentals.
MU, SNDK, STX, DELL and FIX are five large AI-centric growth stocks benefiting from massive AI infrastructure spending.
Sandisk stock price continued its bull run this week, reaching its all-time high amid the ongoing AI boom. SNDK has already jumped by over 600% this year and by over 4,000% in the last 12 months.
The AI rally may be grinding to a halt following chip maker Broadcom's mediocre revenue guidance.
In mid-May, a regulatory filing revealed President Donald Trump – or his managers – made thousands of stock market trades with a bet on a top artificial intelligence (AI) memory company turning into one of his savviest investments of 2026.
Sandisk is transitioning from a commodity NAND supplier to a higher-value enterprise and AI infrastructure storage provider, driving a 4400% stock surge. SNDK's revenue mix is shifting rapidly toward Data Center and Edge AI products, improving margins, cash flow, and reducing business cyclicality. Multiyear supply agreements and BiCS8 technology adoption are enhancing revenue visibility, margin expansion, and operational efficiency for SNDK.
Considering these tech companies' strengths, Nvidia, Meta Platforms, and Sandisk are trading at cheaper levels than you'd expect.
Booming AI demand and rising memory prices could mean even more gains ahead for memory investor favorites Micron and Sandisk, after a blistering rally in recent months, according to analysts at Morgan Stanley.
SNXX: Leveraged Sandisk Exposure Comes With Hidden Risks
The Magnificent 7 has a new challenger. Strategist Ben Emons, in a post amplified by Bloomberg's Joe Weisenthal on X, has dubbed a basket of seven semiconductor and AI-hardware names the "Parabolic 7." Weisenthal's shared data suggests that the group has vastly outperformed both the Magnificent 7 and the SOX semiconductor index since mid-2025. The... Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7
Momentum in cloud computing, IoT, auto and AI is expected to drive the prospects of Zacks Computer-Storage Devices industry players like SNDK, WDC and NLST.
Each trading day, Benzinga Pro features hundreds of headlines and press releases, allowing traders to access the latest market news and individual stock information.
Even the strongest bull markets can move too far, too fast. Select AI giants are in the crosshairs.
There are moments in investing where you look at what is happening in the world around you, and a simple company just clicks into place as the obvious beneficiary.
I am reiterating SanDisk Corporation (SNDK) as a Strong Buy with a $2,380 price target, reflecting a 40.5% upside potential. My main growth drivers are AI data center storage demand, enterprise SSD strength, the coming QLC Stargate ramp and long-term customer agreement that should this NAND cycle less fragile. These growth drivers support an estimated $37.75 billion in annualized revenue and estimated $119 FWD EPS.
It might have made some millionaires over the past year, but can it mint some more?
Despite the stock's steep rise over the past year, the memory specialist's valuation isn't unreasonable.
SNDK and MU outpaced NVDA as AI-driven memory shortages, strong pricing and booming data center demand fueled massive stock gains.
Memory and storage stocks are catching another strong bid at midday Monday as the AI memory supercycle extends one of the most extraordinary runs in semiconductors.
A stock does not climb 4,000% in twelve months by accident, and it does not keep attracting fresh upgrade calls from major banks without a story underneath it worth taking seriously. SanDisk (NASDAQ:SNDK) has both, and the week's analyst activity suggests the people paid to track this company most closely believe the move is far from finished.
There is a new phrase dominating Wall Street right now, and if you have been paying attention to earnings calls, analyst notes, or market-moving headlines recently, you have almost certainly heard it. Agentic AI is being credited with sending certain stocks soaring and reshaping how the smartest money in the market thinks about the technology sector.
Susquehanna raised its Sandisk price target by 62.5% on Friday. This morning, Nvidia announced a new CPU for AI inference that could boost memory demand.
Each operates in the memory industry, but with different types of exposure. Both companies are rapidly growing, bolstered by huge demand.
Shares of SanDisk Corporation NASDAQ: SNDK are trading close to $1,650 this week, having hit a fresh record high and extended one of the more extraordinary runs of the year to date. The stock's up almost 600% year to date and more than 50% in the past month alone.
SanDisk (NASDAQ: SNDK) stock has emerged as one of the market's biggest winners over the past year, rewarding investors who capitalized on the firm's venture into artificial intelligence infrastructure and high-performance data storage solutions.
Sandisk and Micron are both memory chip producers. Both companies are seeing rapid growth.
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett's retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead.
Sandisk Corporation (SNDK) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
Fund manager Gavin Baker identified a "cross-sectional inefficiency" in AI stocks. He argued that valuations can't be accurate for both the cheap and expensive stocks in AI.
Dell Technologies' latest record-breaking results again helped confirm the robust trends stemming from the AI buildout, with the stock, along with SanDisk and Micron, now a top S&P 500 performer in 2026.
What comes next for this trending AI stock?
SNDK's QLC Stargate is set for Q4 FY26 shipments, targeting AI data-center storage demand and adding a new growth path beyond TLC SSDs.
Semiconductor stocks have looked virtually unstoppable this year, and while the year-to-date rally looks unsustainable and adds more air into a bubble that was already on the verge of becoming far larger than in any other corners of the AI trade, questions linger as to what could prick the bubble.
The legendary investor rotated out of a Magnificent Seven leader and into the picks-and-shovels of the AI build-out. But should you follow him?
SNDK has surged since its 2025 spin-off as AI-driven memory demand, strong pricing and new contracts fuel rapid revenue growth.
Micron Technology (MU), Sandisk (SNDK), Dell Technologies (DELL), Arm Holdings (ARM) and On Semiconductor (ON) received price-target increases from Mizuho Secur
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are up 9% on Thursday while SanDisk (NASDAQ:SNDK) stock is rising 4%.
Memory-chip makers Micron and Sandisk scored price-target hikes from Wall Street analysts on Thursday. Both stocks are at record highs.
The Roundhill Memory ETF is a clean way to gain exposure to top AI memory and storage stocks.
Leopold Aschenbrenner, known as one of the youngest billionaires and a former member of the OpenAI research team, has just disclosed one of his largest stock positions yet.
The NAND flash specialist is locking customers into multiyear supply agreements -- and reshaping what has long been a cyclical business.
SpaceX hasn't hit markets yet, but some investors are already getting a view of Wall Street from the stratosphere.
The same supply crunch behind the memory chipmaker's historic milestone is fueling enormous runs in two storage stocks, too.
MU tops a $1T valuation as booming AI demand and chip shortages lift memory and storage stocks like WDC, SNDK and STX.
Barclays has made another big call on the memory-chip trade, raising its price targets on both Micron Technology and SanDisk as artificial intelligence keeps reshaping demand for DRAM and NAND chips. The move comes just after Micron crossed the $1 trillion market-value mark on Tuesday, a milestone that shows how quickly the memory cycle has turned into one of Wall Street's biggest AI trades.
After managing a steady 477.51% year-to-date (YTD) stock market rise from $275.24 to $1,589.55, SanDisk (NASDAQ: SNDK) received another vote of confidence in its continued success from Barclays' Thomas O'Malley.
Sandisk's data center storage revenue is surging on AI-fueled demand, with repeated upside surprises versus Wall Street expectations. Sandisk is extending its JV with Kioxia Holdings, securing DRAM supply, and boosting fab output through R&D efficiency, keeping capex intensity low while expanding free cash flow margins. A newly authorized 6 billion dollar share buyback, alongside rising buyback spending, signals management's confidence in Sandisk's prospects ahead.
This new ETF is up 90% in less than two months.
So far into 2026, SanDisk (NASDAQ:SNDK | SNDK Price Prediction) has left most other AI ccompanies looking like corporate afterthoughts.
