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Apple confirmed rising memory costs, pointing to supplier pricing leverage that affects upcoming products.
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Following these comments, Sandisk (NasdaqGS:SNDK) saw its stock surge about 11% as investors reacted to the pricing signal.
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Apple’s move comes alongside Intel’s agreement to manufacture Apple-designed AI semiconductors, reinforcing demand for high-performance memory.
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The current Sandisk share price is about $2,182.451, with the stock up 16% over the past week and 57.8% over the past month.
For Sandisk, Apple’s public acknowledgment of…






