#闪迪涨7.7%创7月以来新高

Today is the 706th day since I started writing posts here. If you think I’m a serious person, you’re welcome to join me, and I hope my daily content can help you. The world is vast, while I am small. Follow me so you won’t have trouble finding me.

Everyone, SanDisk’s share price surged 7.7% to above $1,900, hitting a new high since July, with its total market capitalization approaching $280 billion.

The direct catalyst for this surge was Rosenblatt Securities initiating coverage of SanDisk with a Buy rating and a price target as high as $2,400. But more thought-provoking than the price target is that the market is redefining the value proposition of memory chips.

AI is changing NAND’s pricing logic. A single AI server uses 6 to 8 times as much DRAM as a traditional server, while inventory at Samsung and SK hynix has fallen to less than 10 days. Storage is no longer an ordinary commodity that fluctuates with the cycle, but a strategic asset for AI infrastructure. SanDisk’s data center revenue surged to $5.2 billion in fiscal 2026, and the buildout of AI computing capacity is pushing NAND into a structurally undersupplied market.

When the bottleneck spreads from computing chips to storage, the real winners are those positioned at the intersection of capacity shortages and the transfer of pricing power. Let’s witness together the historic transformation of the storage industry from a “cyclical stock” into a “strategic asset.”