Sandisk Corporation - Common Stock When-Issued (SNDK)

A $137 billion memory-stock sell-off sparked AI supply glut fears, but sold-out HBM capacity at Micron and margin gains at SanDisk, Western Digital and Seagate suggest tight supply persists.

Computer memory supply could remain in deficit until at least mid-2028.

These stocks were up by more than 270% at the mid-point of the year.

This run by Sandisk stock is hard to believe.

Sandisk (NASDAQ: SNDK) stock rebounds 4% in premarket trading as market sentiment improves. Read the full technical analysis.

This trio has dominated the S&P 500.

Micron and Sandisk have risen for a good reason.

Massive AI-driven demand for memory chips could persist for several years.

Memory companies are poised to grow impressively due to artificial intelligence (AI)-fueled demand, and this fund helps them capitalize on this rapidly growing market.

Sandisk has dominated the S&P 500 so far this year.

MarketBeat's weekly roundup covers a weaker June jobs report, tech sector rotation, and top analyst picks including TSLA, AVGO, PLTR, MRNA, and NEE heading into Q2 earnings season.

Sandisk spun off from Western Digital in February 2025.

Sandisk could stay on its monster run to finish 2026.

Companies in the AI sector haven't been surefire winners for investors in 2026.

SNDK shares have swung sharply in recent weeks, but repeated strong rebounds and a Bank of America price target raise to $2,500 signal sustained buyer demand.

Both are benefiting from surging demand for data center memory.

SanDisk Corp. (NASDAQ:SNDK) stock declined on Thursday due to a sector-wide profit-taking rotation into AI software and potential risks from Chinese memory supply.

Despite a $2.7 trillion semiconductor selloff, the memory chip rally remains intact, with Micron up over 200% YTD and the Roundhill Memory ETF gaining 130% since its April launch.

The S&P 500 just had its best quarter in nearly six years, and it hints at strong future returns.