NasdaqGS:SNDKTech
SanDisk Stock Split Talk Highlights AI Data Center Cash Flow Story
SanDisk (NasdaqGS:SNDK) is expected to pursue a stock split in the near term, following a sharp rise in its share price.
The move is linked to strong demand for the company’s flash memory and storage products used in AI data centers.
The anticipated stock split is a material change to SanDisk’s capital structure that could affect liquidity and access for a wider range of investors.
SanDisk now trades at $772.09, with the share price supported by intense interest in AI infrastructure and...