A memory maker that was not even public two years ago has just accomplished in 14 months what Bitcoin (CRYPTO: BTC) took nearly a decade to deliver, and become one of the AI era’s most explosive stocks.

Sandisk Corp. (NASDAQ:SNDK) is up 5,636% since it split from Western Digital Corp. (NASDAQ:WDC) in February 2025. Bitcoin has gained 5,572% over the last nine years.

Most of Sandisk’s run came after the stock bottomed at $27.89 in April 2025, barely 14 months ago.

Wall Street Is Now In Love With Memory Stocks

Sandisk rose as much as 6% Monday to a record near $2,100, after Western Digital surged 14% to its own all-time high. A wave of Wall Street target increases on Western Digital, JPMorgan to $650 from $530, Wells Fargo to $575, Bank of America to $610, lit up the entire storage complex.

Sandisk has rallied 28% over the past three sessions, its sharpest three-day run since early January.

The rally rests on a physical shortage.

Most people know Sandisk from memory cards and USB sticks. The same flash technology now fills the storage racks ...