By Adam Spatacco
Publication Date: 2026-02-16 17:00:00
Key Points
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Hyperscalers are accelerating their artificial intelligence (AI) capital expenditure budgets.
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Growing AI workloads are fueling unprecedented demand for high-bandwidth memory chips.
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Sandisk’s solid-state drives and NAND flash memory solutions are helping to fill that demand.
- 10 stocks we like better than Sandisk ›
Since ChatGPT’s commercial launch on Nov. 30, 2022, shares of semiconductor giant Nvidia (NASDAQ: NVDA) have rocketed over 1,000%. The artificial intelligence (AI) revolution has ushered in a wave of unprecedented demand for Nvidia’s graphics processing units (GPU) — the hardware backbone on which AI models are trained.
While Nvidia remains king of the AI realm, rising infrastructure spending is becoming a major tailwind for another type of AI chip: memory and storage. Let’s dig into how Sandisk (NASDAQ: SNDK) is quietly disrupting this pocket of the AI landscape and assess if the company is about to have its “Nvidia moment.”
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Sandisk’s pivot from flash drives to AI data centers
During the early 2000s, Sandisk dominated the flash memory market, as its chips were often found in digital cameras, gaming consoles, and other consumer electronics. This is similar to Nvidia’s early origins, as the…
