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Strong Q3 numbers, including a threefold jump in data center revenue, highlight Sandisk’s AI momentum, driving SNDK to become one of the S&P 500’s standout gainers in 2026.

Samsung Electronics (005930.KS, SMSN.IL) reached a $1 trillion market cap on Wednesday as the memory chip shortage drives the hardware manufacturer — and other memory chip developers — even higher. Market Domination Host Josh Lipton and Yahoo Finance Tech Editor Dan Howley sit down to discuss the rally occurring in the memory chip landscape.

Sandisk stock is up over 3,000% in one year. It's not a meme. It's NAND flash—and AI can't get enough of it.

Sandisk Corporation (NASDAQ:SNDK) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer explained how the stock sells for relatively cheap despite huge runs, as he said: Western Digital and Sandisk have similar trajectories. That’s why their stocks can keep charging higher even though the moves seem just crazy. In reality, […]

Seagate Technology Holdings plc (NASDAQ:STX) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer highlighted the company’s fall and impressive rise in earnings, as he commented: The storage stocks, Sandisk, Western Digital, and Seagate, being the big three, just don’t know when to quit. They’ve been on insane runs because […]

The semiconductor sector (SOXX) has been ripping higher this year. Yahoo Finance Senior Business Reporter Ines Ferré chats with Yahoo Finance Senior Reporter Brooke DiPalma about the sector's three "bottlenecks," highlighting how Micron (MU) and Sandisk (SNDK) factor in.

The CBOE Volatility Index (^VIX) is drifting back toward the 17 line as optimism returns to the S&P 500 and capital rotates into stocks. The VIX closed near 18 on Monday after dipping to almost 17 late last week, well below the peak above 31 recorded in late March. In a display of a shifting ... CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite

Sandisk Corporation (NASDAQ:SNDK) is one of the best young stocks to buy and hold for the next decade. On April 30, Sandisk reported record FQ3 2026 revenue of $5.95 billion, representing a 97% sequential increase and a 251% jump year-over-year. GAAP net income reached $3.62 billion, or $23.03 per diluted share, while non-GAAP diluted EPS […]

Stock buybacks are back in the spotlight after SanDisk’s recent repurchase announcement reignited the debate over how companies should return cash to shareholders. Warren Buffett has long argued that disciplined buybacks below intrinsic value can be one of the clearest signals of management conviction, and right now several AI-exposed names trading under $50 are putting ... These 3 AI Stocks Under $50 Are Repurchasing Shares

AI-driven DRAM and NAND demand fuels sharp rally in memory chip stocks

Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue. That compares to a wide range historically, from single digits to around 60 cents on the dollar. That seems unsustainably high for companies in the very expensive business of physically manufacturing chips, but AI demand is changing the game.

U.S. and Iran near peace agreement, AI models face U.S. review, SEC could allow companies to ditch quarterly reports, and more news to start your day.

Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk as well as hard-drive makers Seagate and Western Digital have all produced annual operating losses at least once in just the last three years. Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue.

This red-hot AI stock's phenomenal rally is likely to continue following its latest quarterly report.

Sandisk Corp. (NASDAQ:SNDK) is one of the 10 Stocks Turning Heads With Double-Digit Gains. Shares of Sandisk rallied for a fifth consecutive day on Tuesday to hit a fresh all-time high, as investors increased their exposure to the company, buoyed by its stellar earnings performance and highly optimistic outlook for the fourth quarter of fiscal […]

Tradr ETFs has launched the Tradr 2X Short Sandisk ETF, a single stock product designed to provide twice the inverse daily exposure to Sandisk. The ETF targets NasdaqGS:SNDK and offers a way to express negative or hedged views on Sandisk shares. The product adds to the range of trading instruments directly linked to Sandisk’s stock, beyond holding the shares themselves. Sandisk, traded as NasdaqGS:SNDK, currently has a share price of $1,406.32, with very strong moves shown in recent...

Futures rose. President Trump "paused" his Hormuz opening effort. AI plays AMD, Astera Labs, Lumentum, Arista were earnings movers late.

Amid severe supply shortages, Micron and Sandisk have raised prices dramatically on critical memory products, fueling a stunning surge in their gross margins.

The Nasdaq hit new highs Tuesday. AI plays AMD, Astera Labs, Lumentum and Arista were earnings movers late.

The semiconductor sector (SOXX) has seen a lot of momentum this year. Yahoo Finance Senior Business Reporter Ines Ferré zooms in on Micron (MU) in particular, highlighting the factors driving the stock's recent gains.

Sandisk shares rose once more Tuesday, with the memory-chip company looking to join the likes of McDonald’s Verizon and PepsiCo when it comes to market value. Sandisk stock is currently on pace to surpass a $200 billion market capitalization for the first time since the company completed its spinoff from Western Digital on Feb. 24, 2025, according to Dow Jones Market Data. Sandisk advanced 13% to $1,413 on Tuesday, as investors continue to bet that the boom in construction of artificial-intelligence data centers will drive up memory demand.

SanDisk has authorized its first-ever buyback program as a standalone company.

Investors are no longer just chasing the GPUs that train AI models. They're also chasing the memory and storage needed to keep those systems running.

Here’s a number that makes you look twice: in a single quarter, SanDisk (NASDAQ: SNDK) generated nearly $3 billion in free cash flow, posted EPS of $23.41 vs estimates of $14.62, and then guided the next quarter to as much as $8.25 billion in revenue. About a year ago, the stock was at $40. Now it’s around $1,400. That’s not hype, it’s timing, execution, and a massive shift in demand all lining up. See, SanDisk’s Surge Explained: What’s Fueling the Move.

Solid demand and pricing, shift toward NBMs, solid earnings growth, and compelling valuation suggest more upside in Sandisk stock.

Jim Cramer has a habit of cutting through the noise and pointing at something most investors are overlooking. On May 4, he did it again. In a X post, the "Mad Money" host wrote: "Oracle and SanDisk have become the tells of this market." That's a bold claim. But when you look at what these two ...

These stocks have both soared by more than 600% in the past 12 months.

Memory chip stocks are ripping higher again this morning, with Micron Technology (NASDAQ:MU) shares up 12% and SanDisk (NASDAQ:SNDK) shares climbing 10% in mid-morning trading on Tuesday. MU stock is changing hands near $644, while SNDK shares are pushing through $1,380. The synchronized rally extends what’s already been a parabolic year for memory names. Micron ... Micron Rockets 12%, SanDisk Leaps 10% as Tight Memory Supply Fuels Parabolic AI Trade