SanDisk Corp. shares surged more than 4% midday Wednesday, climbing toward $947 as investors piled into the memory chip maker amid unrelenting demand for high-speed storage to power artificial intelligence systems.
The stock, trading under NASDAQ: **SNDK**, hit an intraday high of $948.06 before pulling back slightly. By 12:19 p.m. EDT on April 22, shares stood at $946.53, up $43.04 or 4.76% from the previous close. Volume topped 7.6 million shares, well above average but below the frenzied levels seen during recent record runs.
