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$SanDisk Corp.(SNDK)$ dropped 3.65% on Monday and suddenly the bears are whispering that the great AI storage boom is running out of gas.
Let's not forget what happened the last time: $Micron Technology(MU)$ dropped a monster earnings report & SanDisk launched itself into orbit with a huge 22% in a single day.
Why?
Because the market keeps forgetting a fundamental truth of the AI revolution: AI doesn't just need brains to compute. AI needs an astronomical amount of flash memory to store the data.
To traders sitting on their hands and waiting for clarity : I get it, volatility is scary.
But you know the demand for enterprise SSDs is an absolute fortress. Buying this minor dip feels like getting the front row tickets to a blockbuster show at a discount.
If Micron confirms the supply shortages are stretching deep into 2027, this coil spring is going to snap and rip back to all time highs.
Let's see what happens on Wednesday.
@TigerStars @Tiger_comments @Tiger_SG
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