SanDisk Stock News

Sandisk rallied in November even as many AI-related stocks sold off. NAND flash storage prices are in their first bull market in years.

SanDisk (NASDAQ: SNDK), recognized as a frontrunner in flash memory and solid-state storage, finds itself in a precarious situation as it approaches 2026. The current trading price of the stock is approximately $210, which has dramatically increased by 5x this year, largely due to a rebound in NAND pricing and favorable expectations surrounding AI-related storage demands.

SanDisk (NASDAQ: SNDK), recognized as a frontrunner in flash memory and solid-state storage, finds itself in a precarious situation as it approaches 2026. The current trading price of the stock is approximately $210, which has dramatically increased by 5x this year, largely due to a rebound in NAND pricing and favorable expectations surrounding AI-related storage demands.

Sandisk Corporation (SNDK) Presents at UBS Global Technology and AI Conference 2025 Transcript

Major U.S. equities indexes gained ground on Tuesday, with tech stocks trending higher after a day of declines on Monday. The Dow Jones Industrial Average and benchmark S&P 500 gained 0.3% and 0.2%, respectively, and the tech-centric Nasdaq rose 0.4%.

Thanks to AI-related tailwinds for the memory chip space, SanDisk has surged sixfold since its spinoff from Western Digital earlier this year. Bullishness for the chip stock has calmed down as of late, but the underlying trend is still in motion.

Shares of Sandisk climbed Friday as the data storage company joined the benchmark S&P 500 index.

SanDisk (SNDK)'s stock jumped over 300%, in three months, driven by consistent revenue increases as well as a significant change in investor outlook. An outstanding earnings surprise, entrance into the S&P 500, and excitement surrounding innovation and demand led to a growth that's altering the conventional approach.