Home / Business and Economy / SanDisk Stock Hits All-Time High on AI Boom
SanDisk Stock Hits All-Time High on AI Boom
6 Jan
Summary
- SanDisk stock surged 21.92% to a record $334.75 on January 6, 2026.
- Industry-wide memory price hikes and AI demand propelled the rally.
- The company rebranded performance lines under the Sandisk Optimus SSD brand.
SanDisk (SNDK) stock reached a new all-time high of $334.75 on Tuesday, January 6, 2026, surging 21.92%. This remarkable performance stems from a "perfect storm" of industry catalysts, including anticipated memory price increases of up to 70% and the accelerating demand for artificial intelligence infrastructure. The company's strategic rebranding of its high-performance lines under the Sandisk Optimus SSD banner signals a focused approach to capturing the lucrative AI storage market.
The surge is significantly influenced by rising memory prices, with industry reports indicating potential hikes of 50% to 70% in early 2026 due to surging demand for AI accelerators and large-scale data centers. SanDisk, a "pure play" in AI infrastructure, benefits as AI models increasingly require high-performance NAND flash and enterprise SSDs for data management. This sector-wide pricing recalibration amplified SanDisk's move due to its smaller market float and momentum profile.
Since its spin-off from Western Digital in February 2025 at $36 per share, SanDisk has delivered an extraordinary 830% return. Its inclusion in the S&P 500 in November 2025 further boosted demand. The company's latest financial report showed revenue of approximately $2.31 billion, with a gross margin around 28%, underpinned by its BiCS8 218-layer 3D NAND technology, which is crucial for cloud providers building AI infrastructure.
