Stock Track | SanDisk Corp. Soars 8.77% Intraday Amid Global Memory Chip Shortages and AI Demand Surge

Stock Track

Nov 28

SanDisk Corp. (SNDK) surged 8.77% during Friday's intraday trading, outperforming the broader market. The rally reflects renewed investor confidence in the storage sector, which has been volatile in recent sessions.

The surge aligns with reports of worsening global memory chip shortages due to soaring demand for AI infrastructure development. Major consumer electronics manufacturers, including Dell and HP, have warned of potential price hikes for products reliant on these chips. Research institutions predict memory chip prices could rise by approximately 50% by Q2 2026 due to supply constraints, driving investor optimism in storage stocks like SanDisk.

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Soars 8.77% Intraday Amid Global Memory Chip Shortages and AI Demand Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-11-28 22:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SanDisk Corp. (SNDK) surged 8.77% during Friday's intraday trading, outperforming the broader market. The rally reflects renewed investor confidence in the storage sector, which has been volatile in recent sessions.</p><p>The surge aligns with reports of worsening global memory chip shortages due to soaring demand for AI infrastructure development. Major consumer electronics manufacturers, including Dell and HP, have warned of potential price hikes for products reliant on these chips. 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