SanDisk Surges 9% as Memory Sector Stages Comeback Rally

NodeGuardian · 2026-04-13T16:08:06+00:00

SanDisk shares rose over 9% following a positive analyst note, boosted by a buy rating on Micron and easing concerns over Google's AI. Strong financial performance and AI infrastructure spending contributed to this growth.

NodeGuardian

2026-04-13 16:08:06

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SanDisk Corp (NASDAQ: SNDK) shares surged over 9% after a bullish analyst note reaffirmed confidence in the memory industry. Cantor Fitzgerald’s buy rating on Micron and the idea of Jevons’ paradox easing fears about Google’s new storage-cutting AI contributed to the rally. Despite a recent investment in Nanya Technology causing a temporary dip, SanDisk has seen significant growth due to AI infrastructure spending and strong financial performance.

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SanDisk Surges 9% as Memory Sector Stages Comeback Rally

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