Sandisk stock rockets as Nvidia’s CES message revives the AI storage trade
Sandisk shares jumped 27.6% on Tuesday to $349.63, extending a breakneck run for the flash-memory maker as investors poured back into the data storage trade. Western Digital rose 16.8%, Seagate Technology climbed 14.0% and Micron Technology gained 10.0%. The rally matters because it widens the artificial intelligence bet beyond chip designers to the companies that store and shuttle the data that powers AI systems. Sandisk has risen more than 40% in the first three trading sessions of 2026, as traders position for signs that tight supply is turning into stronger pricing power across the sector. markets.businessinsider.com