SanDisk Corporation (NASDAQ:SNDK) stock climbed almost 3% in Tuesday trading as stronger market sentiment and optimism around the AI-driven memory cycle supported NAND-related stocks.
Memory Outlook Supports SanDisk and Peers
The memory industry is also benefiting from Gartner’s bullish semiconductor outlook.
Worldwide semiconductor revenue is projected to surge 92% to about $1.6 trillion in 2026 from $809 billion in 2025 and reach roughly $1.9 trillion in 2027.
Memory revenue is expected to jump from $220.1 billion in 2025 to $837.3 billion in 2026 and exceed $1 trillion in 2027. DRAM revenue is projected to rise 246.6% in 2026, while NAND flash revenue could climb 371.9%.
