Why SanDisk Stock Just Rebounded: AI Memory Shortage, $42 Billion Deals and a Wall Street Warning
New York, May 8, 2026, 1:05 PM EDT SanDisk surged roughly 12% Friday, hitting a new intraday peak of $1,528 after shaking off Thursday’s dip. Investors poured back into the AI memory name. Shares last changed hands at $1,498.52, up $158.56 for the day. SanDisk’s role has shifted: it’s now seen as a high-beta play on the ongoing NAND flash
