Sandisk Corporation (SNDK) Stock: AI Storage Boom Could Keep NAND Supply Tight Through 2028

TLDR Sandisk stock gains 2.27% as Citi maintains its $2,100 price target on shares. Tight NAND supply could support Sandisk pricing and margins through 2028 ahead. Micron’s NAND revenue jumped 42% sequentially as selling prices strengthened. AI data centers are increasing demand for SSD storage and NAND-based products. Industry NAND shipments may grow at a [...]

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