Scoopfeeds — Intelligent news, curated.
The Sandisk Rally Isn't Over Yet
business

The Sandisk Rally Isn't Over Yet

Yahoo Finance · Jun 16, 2026, 12:15 PM

Key takeaways

  • The company benefits from a multi-year growth opportunity that sets the stage for accelerated revenue and net income growth.
  • When most people think of AI, they immediately think of Nvidia.
  • In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.

Marc Guberti, The Motley Fool Tue, June 16, 2026 at 7:15 PM GMT+7 3 min read SNDK NVDA ^GSPC It s easy to think that you missed out on an opportunity after a growth stock has trounced the S&P 500, but the Sandisk (NASDAQ: SNDK) rally doesn t seem to be over. The company benefits from a multi-year growth opportunity that sets the stage for accelerated revenue and net income growth.

When most people think of AI, they immediately think of Nvidia. However, investors can make more money by focusing on smaller components of AI, such as memory chips. Its NAND flash memory technology is critical for AI chips that process substantial amounts of data. Without good memory products, AI chips would experience significant performance drops, and some workloads would stop functioning.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop