SanDisk Stock Rebounds Above $1,400 Despite Weak Revenue Outlook as Wall Street Maintains Bullish Long-Term View

SanDisk (NASDAQ: SNDK) remains one of the most closely watched semiconductor stocks after recovering above the $1,400 mark, even as investors reacted to weaker-than-expected revenue guidance for the upcoming quarter. The memory and storage company has experienced sharp price swings over the past few weeks, highlighting both the opportunities and risks facing investors in the fast-moving semiconductor sector.

Samsung Shares Surge 8% as AI Boom Fuels Chip Demand and Supply Shortage Concerns

Samsung Electronics shares jumped 8% on Thursday after the South Korean technology giant said strong artificial intelligence chip demand could worsen global memory chip shortages in 2027 and keep the market undersupplied into 2028. The outlook came alongside a sharp turnaround in Samsung’s semiconductor business, although higher memory prices pushed its mobile division into a quarterly loss.