Memory and storage solutions just got a major boost in the market spotlight. SanDisk shares surged as much as 25% on Tuesday, posting their strongest intraday performance since February and reaching fresh record highs. The catalyst? Jensen Huang, Nvidia's Chief Executive Officer, underscored the critical importance of memory and storage infrastructure during remarks at CES. His comments highlight the ongoing demand surge for these core components, particularly as data processing and computational needs continue accelerating across industries. The stock movement signals investor confidence in the sector's growth trajectory.
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TooScaredToSell
· 01-06 18:27
Jensen's comment immediately skyrocketed SanDisk, the storage sector really can't go wrong.
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ZkSnarker
· 01-06 18:27
well technically jensen saying the quiet part out loud about memory bottlenecks... imagine if people actually understood that inference scales with storage latency lmao. sandisk up 25% because one ceo mentioned infrastructure, crypto twitter moment fr fr
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MiningDisasterSurvivor
· 01-06 18:26
I've been through it all. The rise in storage chips is nothing. During the 2018 mining crisis, I watched GPU cards skyrocket in price. And then? They still plummeted to nothing. Huang just says a few good words about stocks, and they soar 25%. This confidence comes too quickly. Oh well, it's just another concept driven by capital speculation.
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BlockchainBard
· 01-06 18:20
Huang Renxun's words are really valuable; just one sentence caused SanDisk to soar by 25% directly.
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RugResistant
· 01-06 17:58
nvidia pumping sandisk at ces? analyzed thoroughly and ngl the fundamentals check out but watch for the dump. memory bottlenecks are real infrastructure issue rn, not just hype.
Memory and storage solutions just got a major boost in the market spotlight. SanDisk shares surged as much as 25% on Tuesday, posting their strongest intraday performance since February and reaching fresh record highs. The catalyst? Jensen Huang, Nvidia's Chief Executive Officer, underscored the critical importance of memory and storage infrastructure during remarks at CES. His comments highlight the ongoing demand surge for these core components, particularly as data processing and computational needs continue accelerating across industries. The stock movement signals investor confidence in the sector's growth trajectory.