Is It Too Late to Buy Sandisk Stock?

Sandisk (NASDAQ: SNDK) has been the surprise winner in artificial intelligence (AI) development this year. The company, which has been around for decades as a memory and storage company, was spun off from Western Digital in February 2025 at a humble initial public offering (IPO) price of $38.50. That share price has since skyrocketed 3,640% to $1,440.That's a lot of share price appreciation in a relatively short time. Is it at the end of its historic run? Or is there still time to buy this growth stock?What has turned Sandisk stock into a star is its NAND memory products, which are important for many types of technology, including data centers and smartphones. NAND is a type of memory that's non-volatile, which means it stores data even in an "off" state, and it's high-density, which is more cost-effective. This kind of memory is crucial for training AI models, allowing them to store massive amounts of data and use it for training purposes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool