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Barchart
Barchart
Nauman Khan

A $31 Billion Reason to Buy Sandisk Stock Now

Sandisk (SNDK) is making a massive long-term bet on Japan as artificial intelligence drives demand for memory chips higher.

The company is working with Kioxia (KXIAY) on plans to invest up to $31 billion in Japan through 2032, with the capital earmarked for expanding NAND flash production at their Yokkaichi and Kitakami facilities.

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