Sandisk Stock Soars 22%. The Reason Why Is Unclear.
Market Intelligence Analysis
AI-PoweredSanDisk stock experienced a 22% surge to $334.75 without a clear reason, continuing its upward trend since its spinoff from Western Digital in February 2023, with over 800% growth.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Shares of Sandisk soared 22% to $334.75 without an obvious catalyst on Tuesday as investors continued to pour money into the flash memory company. Sandisk began trading at $36 a share last February after spinning off from Western Digital The stock has since joined the and surged more than 800% since the spinoff, with artificial intelligence boosting demand for solid state drives and other data-storage hardware. Tuesday was Sandisk’s largest single-day jump since Feb. 18, 2025, according to Dow Jones Market Data.
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