Why Sandisk Stock Was Rocking the Market This Week

Group 1 - Sandisk's stock has increased nearly 28% week to date, driven by positive production news and favorable sentiment in the chip manufacturing sector [1] - Sandisk and Kioxia have launched operations at a new semiconductor fabrication plant, Fab2, located in Japan [2] - The new facility will produce advanced 3D flash memory to meet the growing demand for flash memory in AI applications [3][4] Group 2 - Sandisk is positioned as a strong investment opportunity in the flash memory segment, particularly as a "pick-and-shovel" play in the AI space [5] - The company is increasing its manufacturing capabilities with the new facility in Japan [6]