Memory Supercycle
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SanDisk (NASDAQ: SNDK) Soars on AI-Driven Memory Supercycle and Strong Financials
Financial Modeling Prep· 2026-05-27 11:12
SanDisk (NASDAQ: SNDK), a leader in NAND flash memory, is strategically positioned to capitalize on the booming Artificial Intelligence (AI) market and increasing demand for data center infrastructure. Barclays has issued an "Overweight" rating and a new price target of $2,300 for SanDisk, indicating a potential upside of 44.7%, fueled by an anticipated "Memory Supercycle" in the semiconductor industry. The company's recent financial results highlight robust growth, with datacenter revenue skyrocketing 645 ...