SNDK is trading at $431.01 (+4.2%), bucking the broader market downturn fueled by NAND scarcity and surging AI infrastructure demand for high-performance storage.
- The gain builds on a massive YTD rally, with Nvidia CEO's CES remarks on AI memory needs adding momentum last week.
- Analysts are forecasting 552% EPS growth in 2026, driven by strong supply constraints and pricing power.
- The company's ability to maintain strong margins positions SanDisk as a top AI play despite valuation concerns.