SanDisk Surges 55% From its July Low: Wall Street Just Got a New Roadmap
SanDisk stock jumped 15% after its investor day unveiled an AI storage roadmap, 80% gross margins and 50% free-cash-flow margins.
SanDisk told investors about its plans to make special storage for AI computers, and promised to keep more money from its sales. When companies show a clear winning plan, people get interested in owning the stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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