Core Viewpoint - Sandisk (SNDK) has emerged as a leading investment due to the increasing demand for data storage and NAND flash technology, driven by the AI revolution and memory market shortages [1][5]. Company Performance - Sandisk's stock has increased by 1,500% over the trailing 12 months but has recently experienced an 18% decline from its peak [2]. - The company's net income has risen more than sevenfold in the past year, indicating strong financial performance [8]. - Sandisk's forward price-earnings multiple is currently at 26 times, which is considered low compared to its previous levels [8]. Market Trends - The memory and storage market is expected to benefit significantly from the AI revolution, with substantial demand for compute power [5]. - Data center stocks, hyperscalers, and power companies are also anticipated to gain from these growth trends [5]. - Despite the overall positive outlook for the memory market, there is a suggestion that investors may not be fully aware of the potential in this sector compared to other tech segments [6].