Sandisk surges as robust AI demand powers blowout forecast

Jan 30 (Reuters) – Sandisk shares rallied on Friday, after the data storage firm projected third-quarter profit and revenue well above analysts’ estimates and ​extended a major supply deal, powered by a surge in AI-driven demand ‌for data storage. Its shares were last up 14.7% at $616.5, building on their roughly 160% jump in January … Read more