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SanDisk Trending After Nvidia CEO Jensen Huang Flags Memory As Major 'Unserved Market' With Surging Demand And Prices
Yahoo Finance· 2026-01-08 22:31
Shares of storage solutions company, SanDisk Corp. (NASDAQ:SNDK) rallied 27.56% on Tuesday, becoming the best performer in the S&P 500 for the day, following Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang’s remarks on the growing importance of the storage market. Storage An ‘Unserved Market’ During his speech at CES 2026 on Monday, Huang said storage is a “completely unserved market today,” amid tight supply, surging prices and soaring demand from AI training and inference markets. “This is a market that n ...