SanDisk

SanDisk and Micron stock surged 11% amid AI-driven demand for memory chips. The catalyst is OpenAI's release of GPT-6 Astra, which can operate computers and software directly, consuming massive amounts of storage and flash memory. AI server demand is creating a severe DRAM and NAND supply constraint, with Dell's $95 billion AI server backlog and 200% YoY growth projection driving memory bottlenecks.