Well it maybe up over 3000% year to date, but guys I think it’s going to go higher. As we start to actually see data centers get built and come online, they need a place to put the data. Felt fucking stupid typing that.
Anyways if we simplify a data center down, to just the inputs to build one: data and its processing, land, water, construction, and energy are kinda the biggest hitters. So the people poised most to gain are the ones dealing in each of those areas. The problem is a lot of that is either fractured or hard to pinpoint a clear winner.
That’s where we can pinpoint the data half of a data center. Turns out there aren’t a lot of companies that actually make the hardware. The big ones I saw were Micron Technology and SanDisk. Therefore, like NVIDIA on the processing side of a data center, SanDisk is on the storage side. The difference is there will always be more data, making data storage almost a consumable.
Not to mention the 60% margin on their last earnings, any continued growth in sales is going to make them insanely valuable. Seeing as their market cap right now is 200 billion, if they manage to reach half of NVIDIA’s market cap. The stock will be 5x its current price. Is this going to happen in a week fuck no, but over the next year?
TLDR: get on the SNDK train!
Current position one 1610 5/29 Call