Analyst’s $1,250 Call Makes Sandisk the AI Boom’s Pure-Play NAND Winner
Sandisk (SNDK) raised value targets to $1,250 (Bernstein) and $1,000 (Cantor Fitzgerald) on stronger-than-expected NAND flash pricing; Q2 income surged 61% 12 months over 12 months to $3.03B with data-center income leaping 76% and gross margins increasing towards 50%. Micron Technologies (MU) posted Q1 DRAM income of $10.8B, up 69% 12 months over 12 months,…