Why Sandisk Stock Soared Today
Source: Motley Fool
2026-06-22 12:13:20 ET
Viewed from one angle, Micron (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) stocks look like competitors, both making NAND flash memory and battling for market share there, even as Sandisk makes inroads into Micron's high-bandwidth memory (HBM) DRAM market by offering its own "high-bandwidth flash" as an alternative.
But that's just one angle.
Viewed another way, Micron and Sandisk stocks seem joined at the hip, as when today, a new partnership and a pair of price target hikes for Micron stock immediately sent Sandisk stock up 4.7% through 11:50 a.m. ET.
Micron Technology Inc.
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