Sandisk Stock Soars on Nvidia’s Hugging Face AI Deal

Sandisk stock jumped as much as about 8.9–11% after Nvidia announced it would acquire Hugging Face, a move investors view as bolstering AI workloads and the memory demand for Sandisk’s NAND/DRAM chips. Dell highlighted memory shortages as a bottleneck for AI servers, reinforcing the bullish case for memory makers. At roughly 23x earnings (8x forward), Sandisk appears reasonably priced, though Motley Fool notes it isn’t among its top stock picks.