Western Digital's spin-off SanDisk has increased by 430% this year, with long-term supply contracts locking in revenue. The storage sector has been completely transformed due to AI.

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SanDisk Stock Jumps 430% on AI Storage Demand
SanDisk, a US flash memory and SSD maker spun out of Western Digital last year, closed at US$1,409.98 on May 6, with shares surging nearly 430% this year as investors bet on rising demand for AI server storage, according to Chosun Daily.

Long-Term Supply Contracts Secure Revenue

The company
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