SanDisk Says AI Is ‘Fundamentally’ Changing the NAND Market. Why That’s Good News for SNDK Stock.

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Skip to navigationSkip to main contentSkip to right columnAanchal SugandhTue, June 23, 2026 at 6:40 PM GMT+2 4 min readBullish - green stock market chart with arrow up day trade by Quality Stock Arts via ShutterstockSanDisk Corporation (SNDK) has come a long way from the days when it was best known for portable storage devices. Since its spin-off from Western Digital Corporation (WDC) in early 2025, the company has reinvented itself, shifting its focus toward enterprise storage solutions built for artificial intelligence (AI). Money that once flowed almost exclusively into names such as Nvidia Corporation (NVDA) and Broadcom (AVGO) has increasingly found its way into memory chip makers. SNDK stock has gained 737.7% in 2026. Momentum reached another level on June 22, when shares touched a fresh 52-week high of $2,354.39 after climbing 4.1% during the trading session. More News from BarchartD-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.Micron Technology Earnings: Bull Put Spread Trade