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Why Sandisk Stock Skyrocketed 143% in January

SanDisk's shares surged 150% in January due to AI-driven storage demand, supply shortages, and a 505% jump in quarterly profits, prompting analyst upgrades.

Summary by The Motley Fool
Key PointsA boom in memory is lifting Sandisk and its peers.According to some reports, the company is seeing prices double.It forecast adjusted earnings per share to double sequentially in its current quarter. 10 stocks we like better than Sandisk › Shares of Sandisk (NASDAQ: SNDK) were soaring last month as the maker of NAND flash memory chips and other memory products benefited from a continuing shortage in the memory sector due to the AI boom…

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Benzinga broke the news in New York, United States on Monday, February 2, 2026.
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