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Why Sandisk Stock Popped Again Today
The Motley Fool·
Sandisk stock gained 3.4% as investors bought memory stocks following SK Hynix's Nasdaq listing of its ADRs. SK Hynix forecasted that the computer memory deficit will persist until 2030 and beyond, with 2027 seeing the worst-ever supply shortage, which could drive memory prices and profits higher for companies like Sandisk and SK Hynix.
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