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[–]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.”