All articles tagged with #sandisk sndk
Cantor Fitzgerald raised price targets for SanDisk (SNDK) to $2,900 and Micron (MU) to $1,500, with analyst CJ Muse saying the AI memory trade has only reached mid-innings as demand tightness and AI hardware demand boost memory names; MU and SNDK rallied about 11% and 7% midday, while other banks boosted targets and most analysts still rate MU/SNDK buys.
TurboQuant reduces KV-cache needs by at least 6x for AI inference but does not ease persistent SSD storage demand, leaving Sandisk’s NAND thesis intact. The stock pullback appears headline-driven with unchanged revenue/EPS outlooks for the next four years. Sandisk’s AI storage story is still in early stages (datacenter revenue ~15% of sales, with strong recent growth), so near-term volatility is likely, but the author expects SNDK to retest highs in H2 as capital rotates from DRAM names.