Sandisk Stock Jumps Again as Micron’s Taiwan Expansion Stokes AI Memory Trade
Sandisk shares jumped 7% Monday after Micron announced plans for a second memory chip facility in Taiwan. Sandisk reported fiscal Q2 revenue up 61% to $3.03 billion and forecast current-quarter revenue of $4.4–$4.8 billion. DRAM and NAND prices have surged over 90% since December. In recent trading, Sandisk stood at $710.45, Micron at $448.25, and Western Digital at $282.97.