If you've ever saved a photo or document, you've likely relied on the technology behind companies like SanDisk. But its recent stock surge isn't just about memory cards; it's a surprising indicator of the massive shifts happening in AI and data centers.
SanDisk stock is trending because its parent company, Western Digital, has seen significant share price growth, particularly in late 2023 and early 2024.
Investors are closely watching Western Digital (WDC) due to its strong performance, with shares climbing over 80% from October 2023 to February 2024.