SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves
SanDisk shares climbed near $2,000 on Monday as the stock kept up its run as one of this year’s big AI-linked movers. The stock was last seen at $1,980.10, up about 5%, putting SanDisk’s market cap over $310 billion, latest data show. A post on the Moomoo community pegged $2,000 as the current “call wall,” and said SNDK is trading alongside other memory players thanks to the DRAM, NAND and HBM cycle.