Sandisk Earnings Shake AI Memory Trade
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- Sandisk revenue soared on AI data storage demand, yet the stock sold off post-earnings in what one Yahoo Finance piece called a shake-up of the broader AI memory trade.
- Barron's and Yahoo Finance analysts framed the sell-off as a margin tradeoff for a longer-term reward, with one Yahoo Finance upgrade setting a $2,000 bear case price target.
Why it matters: The split between Sandisk's surging AI-driven revenue and its post-earnings sell-off shows investors are repricing memory-chip exposure even as end-demand accelerates — a $2,000 bear case alongside an upgrade signals analysts disagree on whether the AI storage trade is already priced in.
