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SanDisk Bulls Gain Momentum Amid AI-Driven Demand Surge

SanDisk Bulls Gain Momentum Amid AI-Driven Demand Surge

Published:
2025-09-24 22:15:01
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BTCCSquare news:

Citi analysts raised SanDisk's price target by 56% to $125 following Micron Technology's stellar earnings, citing accelerating demand for memory chips in AI data centers. The storage sector continues to benefit from tech giants' infrastructure investments, with SanDisk recently implementing flash memory price hikes to improve margins.

Bank of America echoed the bullish sentiment, doubling its target to $125 this week. The parallel upgrades reflect growing institutional confidence in data storage stocks as AI adoption creates structural supply deficits across memory markets.

|Square

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