Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock?

Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock? →

Sandisk joined the S&P 100 this week, but analysts say the rally stems more from strong NAND demand and record earnings than index inclusion, even as valuation suggests peak earnings cycle.