SanDisk stock price jumps by 1,500% in almost a year — growth fueled by strong demand from AI data centers and enterprise clients, consumer revenue also up by 52%
SanDisk's stock price has surged by over 1,500% in nearly a year, reaching an all-time high before settling slightly lower. This growth is attributed to strong demand from AI data centers and enterprise clients, with consumer revenue also up by 52%. The company's profits have skyrocketed, leading to plans to extend a joint venture and launch next-generation 3D NAND in 2026. As AI companies drive up demand for memory chips, SanDisk is set to double the price of its enterprise SSDs, further capitalizing on the increasing need for NAND chips.
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