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07 Jan 2026
Sandisk stock’s 1000% rally turbocharged by Nvidia CEO’s remarks
Summary
Sandisk shares surged after Nvidia CEO Jensen Huang emphasized the growing need for memory and storage at CES 2026. The stock has risen over 1,000% since April 2025, driven by tight supply and increasing demand for AI training and inferencing. Analysts expect demand for storage to continue growing, particularly in areas like drones, surveillance, and autonomous vehicles.