Skip to main content
See every side of every news story
Published loading...Updated

SanDisk Stock Crushes Nvidia With 45x Returns, Becomes S&P 500's Best - SanDisk (NASDAQ:SNDK)

The company beat revenue and earnings estimates as datacenter sales jumped 645% and gross margin expanded to 78.4%, while it signed $42 billion in long-term contracts.

Summary by Benzinga
SanDisk Corp. (NASDAQ:SNDK) shares rocketed roughly 81% in April, dwarfing NVIDIA Corp.'s (NASDAQ:NVDA) modest 1.8% gain and delivering more than 45 times the return of the AI chip king, according to Benzinga Pro data. SNDK stock is moving. See the chart and price action here.  The move highlights a sharp rotation inside the AI trade: investors are not walking away from Nvidia, but they are aggressively bidding up the memory side of the AI stac…

8 Articles

Sandisk's share has increased by 3550 percent over the past twelve months. The storage chip specialist is currently one of the big winners of the AI boom. What investors need to know about the share now.

·Frankfurt, Germany
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources are Center, 40% of the sources lean Right
40% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

247wallst.com broke the news in New York, United States on Monday, May 4, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal