AIBullishBlockonomi · 3h ago6/10
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Memory Stocks Sandisk (SNDK), Seagate (STX), and Western Digital (WDC) Surge on AI-Driven Demand Forecast
Mizuho Securities upgraded price targets for memory storage stocks Sandisk, Seagate, and Western Digital, citing an AI-driven supply shortage forecast extending through 2027. The analyst upgrades signal confidence that artificial intelligence infrastructure expansion will sustain elevated demand for data storage and memory components, potentially driving profitability for hardware manufacturers.