A memory maker that was not even public two years ago has just accomplished in 14 months what Bitcoin (CRYPTO: BTC) took nearly a decade to deliver — and become one of the AI era’s most explosive stocks.
Sandisk Corp. (NASDAQ:SNDK) is up 5,636% since it split from Western Digital Corp. (NASDAQ:WDC) in February 2025. Bitcoin has gained 5,572% over the last nine years.
Most of Sandisk’s run came after the stock bottomed at $27.89 in April 2025 — barely 14 months ago.
Wall Street Is Now In Love With Memory Stocks
Sandisk rose as much as 6% Monday to a record near $2,100, after Western Digital surged 14% to its own all-time high. A wave of Wall Street target increases on Western Digital — JPMorgan to $650 from $530, Wells Fargo to $575, Bank of America to $610 — lit up the entire storage complex.
Sandisk has rallied 28% over the past three sessions, its sharpest three-day run since early January.
The rally rests on a physical shortage.
Most people know Sandisk from memory cards and USB sticks. The …
