Why Sandisk Stock Soared Today
Key takeaways
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Viewed another way, Micron and Sandisk stocks seem joined at the hip, as when today, a new partnership and a pair of price target hikes for Micron stock immediately sent Sandisk stock up 4.7% through 11:50 a.m.
- This morning, Micron announced a "strategic" deal to supply computer memory to Anthropic, collaborating with the AI leader on memory and storage AI architecture design, and even investing in Anthropic directly.
Rich Smith, The Motley Fool Mon, June 22, 2026 at 11:13 PM GMT+7 3 min read MU SNDK NVDA Viewed from one angle, Micron (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) stocks look like competitors, both making NAND flash memory and battling for market share there, even as Sandisk makes inroads into Micron s high-bandwidth memory (HBM) DRAM market by offering its own "high-bandwidth flash" as an alternative.
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 »
Viewed another way, Micron and Sandisk stocks seem joined at the hip, as when today, a new partnership and a pair of price target hikes for Micron stock immediately sent Sandisk stock up 4.7% through 11:50 a.m. ET.