Stock Track | SanDisk Corp. Soars 5.10% Intraday on AI-Driven Memory Chip Demand

Stock Track
02/23

SanDisk Corp.'s stock price surged 5.10% during Monday's intraday trading session, reflecting strong investor sentiment towards the memory-chip sector.

The rally is driven by soaring demand for memory chips fueled by artificial intelligence growth. AI servers require high-bandwidth memory and NAND flash memory—SanDisk's specialty—to process and store massive datasets. Industry analysis indicates NAND supply remains tight, with overall capacity constraints expected to persist until at least mid-2027, creating favorable pricing conditions for memory-chip makers.

Market projections show NAND prices increasing approximately 40% in the first quarter of 2026, benefiting companies like SanDisk that operate in this segment. The AI-driven memory chip supercycle continues to create robust demand that currently outpaces supply, supporting stock price appreciation for key industry players.

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