SanDisk Surges Past Record; Driven By 3D NAND-GPU Breakthrough, BofA Upgrade

Tiger Newspress06-22

On Monday, SanDisk Corp. rallied more than 7% in intraday trading, touching a fresh all-time high.​ The move comes after the company disclosed a 3D stacking patent exploring a single-package solution that integrates NAND flash memory directly beneath a GPU or AI processor, a design intended to alleviate current HBM supply tightness and capacity constraints—underscoring the emerging trend toward flash-compute integration.

Separately, Bank of America lifted its price target on SanDisk from $1,550 to $2,100 and maintained a Buy rating, arguing that the company's pricing power will be a key earnings driver. Additionally, research firm Aletheia Capital sharply raised its DRAM and HBM price forecasts, noting that memory's share of total AI hardware value could climb from roughly 40% to over 70%.

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Comments

  • N00b
    06-23
    N00b
    Adopting Huawei's new tau concept? 🤣
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