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Sandisk (SNDK) Stock Surges 16% Amid AI Storage Demand Rally

Sandisk (SNDK) Stock Surges 16% Amid AI Storage Demand Rally

Author:

Global Cryptocurrency

Published:

2026-01-03 09:53:25

11

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BTCCSquare news:

Sandisk Corp shares soared 15.9% to $275.24 as investors bet on the company's strategic positioning in AI-driven flash storage solutions. The rally reflects growing demand for high-speed SSDs to power data centers and AI infrastructure.

Sector-wide momentum lifted peers like Micron (+10.5%) and Western Digital (+9%), signaling broad institutional interest in storage technologies. Market participants now await earnings reports and macroeconomic data for confirmation of this trend's sustainability.

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