Between Pricing Power and Overheating! Sandisk Loses Double Digits Despite Analyst Praise After 600% Rally!
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Strong fundamental demand: Analysts predict supply shortages in the NAND flash market until mid-2027, driven by AI demand Technological advancement: Launch of the 10th generation of 3D flash memory BiCS10 with 59% higher bit density and significant efficiency gains High volatility: Despite raised price targets of up to $3,100, the stock massively corrected after a 600% rally this year Sandisk's (SNDK) stock experienced a drop of 12.63% yesterday to $1,673.97. At first glance, the plunge is surprising, especially as leading investment...
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