Sandisk, the giant of computer memory, saw its stock rise today. Why? An optimistic note from Morgan Stanley.



The analyst has raised his price target to 128 euros. He maintains his buy recommendation. Sandisk would be his favorite in semiconductors.

AI is the future for Sandisk. At least, that's what Morgan Stanley thinks. The demand for NAND flash memory is expected to explode. AI inference requires fast and robust storage.

2029, a key year? Maybe. 34% of the global NAND production for AI. A market of 29 billion euros. Impressive.

Sandisk has not made a profit since 2022. But that could change. AI, a lifeline? It certainly seems so. Profits are expected to return this year. A price-to-earnings ratio of around 21.

If Morgan Stanley is right, Sandisk could be a great opportunity. For patient investors, of course. But who really knows?
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