SanDisk Shares Surge 48% in 2026 Leading S&P 500 on AI Storage Demand Boom
Published on: Jan. 7, 2026, 7:37 p.m. | Source: scanx.trade
SanDisk has achieved remarkable success in 2026 with a 48% stock surge, making it one of the top S&P 500 performers. The company's market cap has reached $40.00 billion, up from its $5.60 billion February 2025 debut valuation. Strong performance is driven by AI-related storage demand, memory price increases including 60% NAND wafer price jumps, and the company's competitive BiCS8 3D NAND technology advantage.
