Stock Track | SanDisk Soars 6.52% as Bernstein Predicts AI-Driven "Storage Super Cycle"

Stock Track01-15

SanDisk Corp. (SNDK) surged 6.52% during Thursday's intraday trading, continuing its bullish momentum as analysts flagged an AI-fueled boom in storage demand.

The rally follows Bernstein's dramatic price target hike to $580 (from $300), citing an "unprecedented storage super cycle" driven by NAND shortages and AI workloads. The firm named SanDisk a top 2026 pick, noting Nvidia's Vera Rubin platform could quintuple NAND demand per GPU. Benchmark and Wells Fargo also raised targets, reinforcing bullish sentiment.

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