multi-year supply contracts

1 articles
The Motley FoolThe Motley Fool··Daniel Sparks

SanDisk's AI Memory Boom: From $36 to $1,590 as Data Center Demand Reshapes the Stock

SanDisk stock surges 4,000% to $1,590 on AI infrastructure demand and multi-year contracts worth $11 billion, but 50x P/E valuation raises concerns about future growth normalization and competitive threats.
SNDKWDCstock valuationearnings growth