Sandisk stock surged over 5% after a shaky stretch, fueled by Morgan Stanley’s bullish outlook on memory chips. Analyst Joseph Moore sees strong data center demand driving the rally, not easing shortages — predicting a 25% jump in memory prices Q3. With supply lagging demand, Sandisk’s profits look solid for now, setting the stage for a stock rebound — but investors should still vet longer-term alternatives.
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