Company Performance - Sandisk has experienced a remarkable 2025, with its stock price increasing by 570% after going public at $38.50 per share in February, now trading around $241 [1] - The company reported a significant fiscal first quarter, with revenue rising 21% to $2.3 billion, surpassing analyst expectations of $2.1 billion, and earnings of $1.22, which were more than double the consensus estimate of $0.58 [4] Industry Context - There is currently a global supply shortage of memory and storage chips, driven by competition among artificial intelligence and consumer electronics firms for limited supplies [3] - Sandisk specializes in data storage devices utilizing NAND flash technology, which is essential for nonvolatile storage solutions [2]
What's the Best-Performing S&P 500 Stock in 2025?