SanDisk Stock Surges on AI Storage Boom

SanDisk leads gains in data storage stocks, with shares soaring amid explosive demand for NAND flash memory driven by AI and data centers. The company reports 61% year-over-year revenue growth to over $3 billion in Q2 fiscal 2026, alongside profits jumping fivefold due to supply shortages and soaring prices. Analysts project earnings per share to leap from $2.99 to $39.45 this fiscal year, with BofA raising its price target to $900 and maintaining a Buy rating. Read more about this...