Hey brothers and sisters, take a look at this monthly chart of SanDisk (SNDK) on TrendSpider. On the left, starting from 1992, the stock price slowly climbed like an old ox pulling a cart. There was a small surge in 2000, and then from 2004 to 2014, it fluctuated, alternating between red and green, with the highest price only around a hundred dollars.
After being acquired by Western Digital in 2016, it essentially disappeared from the charts, remaining unremarkable. Then, in February 2025, it suddenly made a triumphant return! Western Digital was spun off as a tax-free company and listed independently, opening at just over $38. Who could have predicted that? This super green candlestick on the right, shooting straight up, went from around $27 to $661.82! A vertical takeoff; that green streak on the monthly chart was blinding!
Why is it so crazy? It's all thanks to AI! Just after the spin-off in 2025, Nvidia CEO Jensen Huang declared at CES: AI training and inference require massive amounts of storage. This market was previously neglected, but now demand is exploding. By 2026, the entire NAND flash memory supply will be sold out! Prices will double, and SanDisk, as the pioneer of flash memory, will make a fortune.
Enterprise SSD revenue surged 64% in Q2 last year, and was expected to accelerate further. The result? A 559% increase in 2025 alone, making it the fastest-growing stock in the S&P 500! The upward trend continued in 2026, and it has already multiplied several times this year. Yesterday, March 13th, it jumped another 6.92% in a single day, closing at $661.62 with a trading volume of nearly 19 million shares – retail investors were scrambling to buy. This monthly chart isn't just a candlestick chart; it's a living testament to the resurgence of AI storage! From the low of $27 in 2025 to the current $661, it has accumulated a gain of over 2000%! Analysts are calling target prices of $800-$1000, with some saying it could reach $1400 by the end of the year.
With a valuation of 15 times PE, it's ridiculously cheap, even more attractive than Nasdaq. SanDisk used to be the king of consumer flash memory, but now, as an independent company, it focuses on enterprise-grade flash memory, with AI data centers being its goldmine. With tight NAND supply and pricing power, it's expected to continue leading the market for the next few years.
Of course, on the other hand, such a sharp rise has raised concerns about a bubble. The stock market is risky; be careful when chasing highs. But the demand is undeniable. AI models are getting bigger and bigger with training, and storage is the new oil—who dares say it will stop? If you bought in during last year's spin-off, you'd probably be financially independent by now. Haven't entered yet? Check the financial reports and industry news first; don't blindly go all in. SanDisk's move proves that an established brand + the AI boom = a nuclear-level rebound! Market conditions change rapidly; entry and exit points should be determined based on real-time data. Follow the trend after a breakout! No matter how confident you are, strictly adhere to stop-loss and take-profit strategies! That's all for today! Follow me, and you won't get lost! If you're confused about future market strategies, follow my WeChat Official Account: Liangmu Talks Blockchain.
[Risk Warning] This article is for industry perspectives and strategic interpretation only and does not constitute any investment advice. The cryptocurrency market carries extremely high investment risks, and regulatory policies are subject to uncertainty. Please be sure to comply with local laws and regulations, invest rationally, and make prudent decisions.
