r/SNDK_Stock

Sending positives vibes to all the SNDK shareholders.

Billionaire investor [Stanley Druckenmiller](https://www.google.com/search?q=stanley+druckenmiller&kgmid=/m/04hv1t#sv=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-BQ) completely sold off his fund's 385,000-share stake in Alphabet (GOOGL) during the first quarter of 2026. In a strategic portfolio rotation revealed in his May 2026 13F regulatory filing, Druckenmiller’s Duquesne Family Office shifted capital away from mega-cap tech giants and plowed money heavily into AI hardware, custom silicon, and data center infrastructure stocks. [1, 2]

## The Great Mega-Cap AI Rotation [3]

Druckenmiller did not just target Google's parent company. During the same quarter, he also slashed his Amazon (AMZN) stake by 99%, reducing it from over 737,000 shares to a mere 9,539 shares. [1, 2]

Market analysts point to two primary drivers behind the Alphabet exit:

* Profit-Taking: Duquesne built up its position aggressively in late 2025. Because the stock appreciated by more than 50% during his short holding period, Druckenmiller took the opportunity to lock in massive gains.

* Valuation Concerns: Alphabet’s forward price-to-earnings (P/E) multiple expanded rapidly from under 17x to nearly 28x, prompting him to seek better value elsewhere. [1, 2, 4]

## Where the Money Went: AI Hardware and Custom Silicon

Instead of betting on consumer-facing software or search-based AI, Druckenmiller redirected his billions into the "picks and shovels" of the AI boom—the specialized hardware required to build out massive AI data centers. According to the filings, his primary hardware plays include: [2, 5]

* Broadcom (AVGO): Druckenmiller initiated a massive new position of 195,955 shares. As a premier provider of custom AI application-specific integrated circuits (ASICs) and networking hardware, Broadcom is heavily favored by infrastructure spenders looking to sidestep Nvidia's supply constraints.

* Micron Technology (MU): He piled into this memory leader to capitalize on the soaring demand for High Bandwidth Memory (HBM) chips, which are essential for powering AI servers.

* Sandisk (SNDK) & Seagate Technology (STX): He opened heavy stakes in these data storage hardware giants, positioning the fund to benefit directly from the exponential amount of data that AI models need to store and process. [1, 2, 6]

## A Parallel Bet on AI Biotech

In addition to physical computer hardware, Druckenmiller rotated a portion of his mega-cap tech profits into clinical healthcare and AI-driven biotech. He established a new 1.89-million-share stake in Caris Life Sciences—a precision medicine firm utilizing AI algorithms for cancer diagnostics—aligning with his public view that drug discovery and diagnostics represent the single best long-term application for artificial intelligence.

The flash memory market will remain "undersupplied for a long period of time," Sandisk CEO David Goeckeler told investors Wednesday, creating an opening for the memory maker to transform its business.

With memory becoming a crucial component in the artificial-intelligence boom, Sandisk is moving to multi-year agreements that give both the company and its buyers clearer picture of future orders and expenses. That model should help stabilize what was once a highly cyclical industry, Goeckeler argued at a J.P. Morgan conference.

Sandisk stock was up 0.8% to $1,394.51 on Wednesday.

Shares have surged almost 500% this year and are up roughly 3,500% over the last 12 months, raising the question of when the stock will peak. Past memory booms have resulted in oversupply and then deep downturns. That cyclicality was "really corrosive to our business," Goeckeler said.

Suppliers like Sandisk want to plan and operate fabrication plants at high capacity over a long time horizon. Customers, meanwhile, have typically wanted to buy only the chips they needed for a given quarter.

"You build a huge asset, you turn it on and the idea is you don't want to turn it off. It's very expensive to turn it off," Goeckeler explained. "That's not necessarily our customers' business model. They don't really think about, 'hey, how do I consume on a very predictable basis?' "

AI is changing that. Large customers want a dependable supply years in advance, and price is a secondary concern given supply constraints. Sandisk has signed five long-term new-business-model agreements as of the past quarter and is in active talks with other clients. It sees the supply-demand imbalance continuing at least through the end of 2027.

"Most cases, our customers are approaching us and the single first thing they say is, 'how can you ensure there will be supply?' It's not a price, " said Luis Felipe Visoso, the company's chief financial officer.

These longer-term agreements include guarantees that get Sandisk paid even if a customer decides to walk away from the deal. Combined with a stronger balance sheet, the protections limit the downside for the company and its shareholders.

"We want to get rid of the cyclicality or at least dampen the cyclicality," Goeckeler said. "Or at least when the cyclicality comes, have different techniques to deal with it than we have in the past."

Growing confidence from investors that downturns won't be as painful as they used to be could boost Sandisk shares even further. Remarkably, while the stock has surged 3,500% in a year, it trades at 8.5 times projected 12-month earnings -- the same multiple as a year ago.

“Samsung Electronics’ South Korean union plans for 48,000 workers to walk off the job Thursday after efforts to reach a deal on bonus payments fell through. The 18-day strike follows failed negotiations mediated by the country’s labour minister.”

Let's discuss Nvidia's earnings here.

Get rid of your dead weight!

Keen to hear after buying the current dip what is everyone’s average purchase price holding SanDisk?

Sandisk stock can continue its historic run as memory shortages persist and share buybacks pick up, according to Citi Research.

The firm reiterated a Buy rating on the the flash memory supplier and boosted its price target to $2,025 from $1,300 in a research note Tuesday. That would represent 52% growth from Sandisk’s closing price Monday of $1,333.01.

Sandisk has soared an astounding 3,218% over the last 12 months as its solid-state drives, or eSSDs, have become a crucial component in artificial-intelligence data centers.

“We remain constructive on a highly favorable [supply-demand] environment with clear indications of persistence with customer demand conversations through [2030],” wrote Citi analyst Asiya Merchant.

A strong earnings report last week from Japanese competitor Kioxia Holdings reinforced that view. Kioxia reported a roughly 85% quarter-over-quarter jump in revenue and guided for 75% sequential growth in the current period. The results beat Wall Street’s estimates, Citi noted.

Buybacks are another factor working in shareholders’ favor. Sandisk announced a $6 billion share repurchase authorization last quarter, representing around 3% of its current market capitalization. Citi expects that number to rise given the company’s growing free cash flow.

For every 1% reduction in share count, Citi estimates a $2 jump in earnings per share. Buybacks aren’t currently factored into its model. In other words, that $2,025 price target may not be telling the full story.

Even with Sandisk’s astronomical rise over the last year, most analysts agree with Citi. Of the 26 firms polled by FactSet, 20 rate the stock a Buy and just 1 rates it a Sell. Citi is the fifth firm to assign a price target of $2,000 or higher.

Sandisk rose 4.2% to $1,388.66 Tuesday even as the broader stock market retreated. Fellow memory player Micron Technology rose 5.8%. Data-storage duo Seagate Technology and Western Digital—the latter is Sandisk’s former parent company—slipped 0.7% and 0.2%, respectively.

I was honestly expecting the share price to be around $1000, same with MU, same with NBIS - I just don’t get it, why on gods green earth are you all crying about such a small drop? It’s barely even noticeable, analysts are upgrading us to 2000/2350 and you guys are crying online about -2%?

I read a comment that said ‘guys I’m really scared’

How much is this actual bots trying to provoke fear and how much is it people who are genuinely that stupid to care/cry over such small % drops?

Nothing has changed, the thesis is as strong as ever, it’s macro noise re Samsung re Warsh - I get the connotations from the Samsung strike and the potential repeat across the industry, but holy shit get a grip people

Many stocks have a cycle like APP, SMCI, cannabis’s.
I wish the AI stocks are not but can it be ?
SNDK, MU, WDC are all crazy high but still getting double the current price targets.
What do you think ?
Good to get in as they are a bit down from highs for another leg up ?

Why is it green. I wanted buy high and sell low. Well there goes my plans..

Big fast computers need lots of storage and memory. Not enough storage and memory for a while. Stocks go brrrrrr

SNDK $WDC $MU $STX $DRAM all are special cause the infintely powerful AI needs infinite memory and anything it can lay its hands on HBM, DRAM, NAND and HDD. Among these $SNDK is the most elite one with the most potential which I think people here don’t here understand so here it goes

- DRAM is 150-200 times more expensive than NAND per GB and therefore all new AI technology wants to offload as much to NAND as possible helping narrow the price gap. HDDs are only 10x cheaper than NAND but have more use as data lakes. So NAND companies benefit more

- SNDK with KIOXIA has most advanced NAND technology and they are the cheapest producers of NAND

- SNDK along with SK Hynix is coming up with HBF which is going be super profitable and meant to steal DRAM share ( stealing is not the right word as the pie itself is infinite)

- As a pure play NAND player it will always have higher PE multiples than those with mixed business like

1. Huang explicitly named memory as the #1 AI supply constraint.
   If he repeats this on the earnings call tomorrow, it validates SNDK’s pricing power thesis and the super-cycle narrative. The market will hear “memory is the constraint” from the CEO of the company driving 90% of AI infrastructure spend.

2. China is definitively zero
   “Effectively foreclosed...Not assuming any Data Center compute revenue from China” in the Q1 outlook means the $78.5B consensus is an ex-China number.

3. Vera Rubin LPDDR demand
   The Citrini Research estimate (6,000M+ GB LPDDR by 2027, exceeding Apple and Samsung combined)

4. Memory BOM share shift from 10–15% to 30–40% is verified.
   Even if smartphone unit volumes decline, the per-unit memory content is 2–3x higher. That’s the math that sustains ASP-driven revenue growth even with volume destruction

I have been working at SanDisk for 8 years as an engineer and I have made millions on this stock. As an insider working on future products I can say without any hesitation that I have never been this optimistic about the future of SanDisk than I am today. The demand for our products are only going to increase as the years roll on. The products we are working on right now will serve data centers, edge AI, robotics, cars, rockets and any products remotely related to AI infra hardware. Long term contracts have already been agreed upon and there are more companies willing to sign contract with us in the future. Even if new capacity comes into market by 2028 the demand will only increase further more because of Al the new industries that gets built because of AI. This stock is for the long term and not cyclical anymore. Even if it is cyclical the cyclicality will hover around much higher numbers. It will never be boom or bust cycle at least for the next 10 years unless humans invent new technology that bypasses memory which I don’t think is going to happen anytime soon.

I just don’t want all these shitty posts by short term holders about memory doom loop, memory peak, recession etc to cloud my optimistic judgement about the future of AI and the memory economy. In this new AI revolution and economy memory is only if the most fundamental requirements and the sooner ppl accept this fact the better because you are leaving money on the table.