US stock price movement | Sandisk (SNDK.US) continues to rise by over 13%, up 60% in the month

According to the Wise Wealth APP, on Thursday, Sandisk (SNDK.US) continued to rise by over 13%, with a 60% surge in the month to $84.02. On the news front, Sandisk recently announced a price increase of over 10% for its products to all channels and consumer customers. Sandisk stated that it is seeing strong demand for flash memory products, driven by the increasing storage needs in artificial intelligence applications, data centers, client devices, and mobile fields. Earlier on April 1st, Sandisk also announced a 10% increase in NAND memory. Citigroup's report pointed out that the demand for NAND flash memory may face supply shortages by 2026 driven by AI, reaffirming a buy rating for SanDisk.