SanDisk (SNDK) Stock Rallies 5% as Memory Shortage Gets Worse – Time to Buy?

TLDR SanDisk stock climbed 5.16% Thursday as Kioxia’s strong guidance triggered a rally across memory chip stocks Japanese chipmaker Kioxia reported customers booking NAND supply for 2027-2028, two years earlier than typical one-year advance contracts Memory chip shortage expected to persist through 2026 as manufacturers prioritize high-bandwidth memory over NAND production SanDisk trades at 15x [...]

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