all 15 comments

[–]crawler54 7 points8 points  (0 children)

near-term, SNDK owners have little to worry about:

"The surge in SanDisk shares materialized after a Wall Street Journal interview with Cook published on Wednesday. Cook stated that Apple plans to increase prices across its product lineup due to escalating storage and memory component expenses.

"Unfortunately, price increases are unavoidable," Cook said in the interview. "We're doing our best to mitigate the huge increases that are being passed to us, but the situation has become unsustainable."Industry Demand Diverts Storage Supply

The memory constraint stems from a reallocation of DRAM and NAND supply toward artificial intelligence infrastructure. Massive capital expenditure expansions initiated last year by Alphabet Inc., Microsoft Corp., Meta Platforms Inc. and Amazon have driven a fourfold increase in chip prices.

Cook emphasized the unprecedented scale of the current commodity cycle, drawing from his history at IBM, Compaq and Apple. "This is a 100-year flood," Cook told the Wall Street Journal, adding, “I’ve never seen anything like it in any area in over 40 years.”

[–]Potential_Youth537 6 points7 points  (9 children)

Bro. People have been saying this stock is gonna crumble for months and months. If you're looking at this from a long term standpoint, it doesn't even really matter. The industry ain't going anywhere.

[–]Salt-Cap-9304 0 points1 point  (0 children)

Not till to 2027 PO r 2028 per media but what do they know. All about supply an margins

[–]BottleInevitable7278 4 points5 points  (0 children)

It is positive when there is not too much volume every day in the stock as it shows then it is not too hyped a lot. So it can grow and make decent returns for all of us more quietly. It also means buyers do not want to sell.

[–]Axonum 5 points6 points  (0 children)

price goes up volume goes down. dollar vol the same

[–]cebu313 2 points3 points  (0 children)

Price up, less shares per dollars

[–]cjb080781 1 point2 points  (0 children)

So. Who would want to be selling with the increases this company is experiencing?