Inside Sandisk’s transformation from thumb drive dinosaur to the hottest trade in AI

Sandisk, a memory chip company, has seen its stock surge by nearly 1,000% due to soaring chip prices driven by AI-related demand. The unexpected rise has caught industry insiders and investors off guard, highlighting the unpredictable nature of the AI boom. Analysts predict further growth for Sandisk as it benefits from its cost advantage and high demand for its products.