Sandisk stock rose 4500% in the past year due to data center demand for NAND memory. The surge follows supply shortages from slow production ramp-up at memory chip foundries. Sandisk revenue and profits increased alongside memory price spikes. Nvidia stock gained similar returns since 2020 from AI GPU demand. Both companies benefit from data infrastructure growth, but Sandisk's supply constraints remain a key factor.
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Micron, Sandisk, CoreWeave AI stock picks with 250% to 337% growth forecasts
Summary by ByteBrief