Core Viewpoint - Sandisk has experienced a significant stock price increase of approximately 1,050% since its re-entry into the public market as a spinoff from Western Digital, indicating strong market performance and investor interest [2][3]. Company Performance - Sandisk's stock surged after its separation from Western Digital, allowing it to concentrate on its flash memory business, which is in high demand due to the current AI boom [3][4]. - The company reported a 26% increase in data center revenue in the latest quarter, reaching $269 million, marking it as one of the fastest-growing segments for Sandisk [4]. Industry Context - The demand for high-speed digital storage has surged due to the requirements of AI, leading to a supply shortage that Sandisk has capitalized on by raising prices for its storage products [3][4]. - The overall market for flash memory is expected to grow as data centers increasingly require more storage solutions to support AI applications [3].
If You'd Invested $100 in Sandisk 11 Months Ago, Here's How Much You'd Have Today