SanDisk’s stock soared nearly 30% in a single day, now up 871% since its spin-off from Western Digital in February 2025. AI inferencing is fueling solid state drive demand, with Nvidia unveiling a new platform at CES. Sandisk was the top S&P 500 stock last year, with prices expected to rise 40% in Q1.

Memory prices are spiking due to AI demand, with NAND flash prices set to increase by 33-38%. Nvidia’s new storage platform promises 5x more efficiency for AI inference. The memory supercycle is likely to continue, leading to ultra-high profits for memory and storage players in the coming year.

Investors are urged to consider the long-term potential before buying Sandisk stock. The Motley Fool’s Stock Advisor team has identified 10 stocks for potential high returns, excluding Sandisk. Historical returns for recommended stocks like Netflix and Nvidia have been significant. Stock Advisor’s total average return is 973%, outperforming the S&P 500.

Read more at Nasdaq: Why SanDisk Rocketed Higher, Yet Again, Today