SNDK - SanDisk Corporation

Held up as a strong performer (up triple digits) and a major weight in DISK (17%) and DRAM (8%); host is positive on its memory/AI pivot and its contribution to DRAM's surge.

Pure-play NAND flash maker with $20.2B revenue (+175%), data center revenue doubling, 4 years of contract visibility, and an 80% gross margin target. Trades at ~8x forward earnings.

Up 10.4% as a memory name surging alongside AI; host floats it as a possible future deep-dive subject but no firm recommendation.

Memory chip maker that fell 9% during the August 18th rate spike. Listed among fragile, boom-and-bust cyclical AI stocks with valuations baked in for years of demand.

Old leader in memory/storage, broken down 30-40% from highs, good for buy-and-hold for long-term investors, not for trading.

Memory and storage was leading, but the party came to an end; stock rolled over below its 50-day moving average after a huge run.

NAND prices have exploded ~50% since July, which could drive massive sales and gross margin upside for SanDisk, though the stock has not responded as much as expected.

Tepper completely exited SanDisk after buying it last quarter and seeing a massive price increase.

SanDisk also broke its downtrend with good moves last week; mentioned alongside Micron.

Breaking out of downtrend with 13% move today; volatile but worth watching for short-term upside continuation.