SanDisk shares rise about 16%, on track for best day in nearly four months
Evercore ISI reinforced its bullish view on the NAND flash sector, citing stable demand amid AI spending. CoreWeave’s positive outlook also supported the broader AI sector, according to the report.
SanDisk (SNDK) share price soared about 16% on Wednesday, on track to see its best day in nearly four months, after Evercore ISI reinforced a bullish view on the NAND flash sector, while CoreWeave's positive outlook helped support the broader AI sector.Evercore ISI stated that supply discipline, lo…