Sandisk stock rises 13% as CoreWeave’s strong quarter lifts AI memory names
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Sandisk shares rose 13% after CoreWeave reported a strong quarter, lifting AI memory names. The move highlights growing interdependence between AI infrastructure spending and memory chip demand. CoreWeave’s results reinforced expectations for continued AI capex, which feeds through to storage and memory suppliers. Watch whether the read-through sustains across other AI-linked memory and hardware names.
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