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SanDisk (SNDK) Stock: Why JPMorgan Says It’s Uniquely Positioned in AI

By Trader Edge at 2026-10-03 06:44

Sentiment: Positive

TLDR SanDisk stock rose 6% Friday, adding to a 13% gain from the prior session The company outlined annual revenue growth in the mid-to-high teens for 2028-2030, with non-GAAP gross margins near 80% Multi-year customer contracts with fixed pricing, backed by three US hyperscalers, gave Wall Street confidence JPMorgan assigned an Overweight rating, citing SanDisk’s [...] The post SanDisk (SNDK) Stock: Why JPMorgan Says It’s Uniquely Positioned in AI appeared first on CoinCentral. Continue reading...

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