SanDisk demonstrated at recent industry events that systems equipped with its High Bandwidth Flash (HBF) memory can match the AI inference performance of High Bandwidth Memory (HBM) systems while usin…
SanDisk has cut dozens of jobs in Israel and is moving work on cloud and AI server drives to India, while Israel gets a new platform called Stargate built around controllers. SanDisk shares closed Fri…
SanDisk (NASDAQ:SNDK) has a 24/7 Wall St. price target of $2,117.43 over the next 12 months, implying 41.81% upside from its current price of $1,493.12, driven by multi-year contracts that lock in rev…
David Tepper's Appaloosa Management sold its entire 281,250-share SanDisk position in Q2 2026, worth about $179 million, after a 591% year-to-date rally, and redeployed capital into Amazon, Nvidia, Ta…
Ken Griffin said in a letter to clients Friday that Citadel has unwound more than 80% of the aggregate risk tied to its purchase of assets from AI hedge fund Situational Awareness, conducting over 100…
Micron Technology (NASDAQ:MU) trades at $937.11 with a 24/7 Wall St. 12-month price target of $966.70, implying 3.16% upside and a HOLD rating with 90% confidence. The stock has surged 228.54% year to…
Yangtze Memory Technologies Co. Ltd (YMTC), China's sole NAND flash manufacturer, has completed pre-IPO advisory preparations to list on Shanghai's STAR market, following CXMT's IPO that raised nearly…
SK Hynix reported a 76% operating margin for Q2 2026, up from 41% a year earlier, with operating profit of 60.54 trillion won ($41.7 billion), a 557% year-over-year increase, driven by AI demand for h…
The top five NAND vendors increased their combined revenue by 77 percent between the second and third quarter, reaching $68.87bn in Q2, driven by surging AI demand and higher average selling prices, a…
SanDisk (NASDAQ:SNDK) shares have surged 3,911.79% over the past twelve months, from $44.54 in August 2025 to $1,629.67, driven by an AI-fueled NAND cycle, with 24/7 Wall St. setting a price target of…
SK Hynix shares rose 6% to $164.70 on Wednesday after the company approved a 40 trillion won ($28.6 billion) treasury share cancellation, the largest in South Korean history, lifting memory peers Micr…
Leopold Aschenbrenner lost $30 billion by betting too heavily on AI infrastructure stocks, according to a report. His fund, Situational Awareness, borrowed $3 for every $1 of capital and was forced to…
Leopold Aschenbrenner's Situational Awareness hedge fund lost roughly $30 billion in July after its two largest bets, a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron Technology, plu…
CNBC's Jim Cramer said the AI boom has transformed the historically cyclical memory industry, with demand and greater supply discipline supporting stronger profits, and he identified four soaring memo…
SanDisk's investor day forecast of mid- to high-teens revenue growth from fiscal 2028 through 2030, with non-GAAP gross margins near 80% and operating margins near 75%, is prompting analysts to reasse…
Micron Technology and SanDisk shares climbed 7-9% in July 2026 trading sessions, recovering after a correction, as renewed investor confidence in AI infrastructure spending and analyst upgrades from B…
Leopold Aschenbrenner's hedge fund Situational Awareness held $5.7 billion in SanDisk and $5.6 billion in Micron at the end of June, accounting for 56% of its $20 billion US stock portfolio, before th…
Shares of ChangXin Memory Technologies (CXMT), China's leading DRAM maker, jumped 12 per cent on Monday to close at a record 61.80 yuan (US$9.16), lifting its market capitalisation to 4.13 trillion yu…
China's top-ranked hedge fund managers, including Perseverance Asset Management International, cut holdings of Nvidia and US hyperscalers in the second quarter, with Perseverance slashing its Nvidia p…
SanDisk announced at its Investor Day on August 13 that eight customers have signed New Business Model agreements, locking in $16.5 billion in enforceable financial guarantees and a minimum of $93.9 b…