Could a Stock Split Be Coming for Sandisk Amid the AI Memory Chip Supercycle?
The explosive growth of artificial intelligence (AI) is fueling a supercycle in memory and storage chips. As the technology demands ever-larger datasets for training and inference, the need for high-capacity NAND flash storage has surged. That has created an unprecedented tailwind for Sandisk (SNDK +1.97%) as its solid-state drives (SSDs) form the backbone of AI data center infrastructure. How Sandisk benefits from AIAI workloads generate large volumes of data that need to be instantly accessible, exceeding ...