Back to News
Jan 7, 2026 4:00 AM

SanDisk Trending After Nvidia CEO Jensen Huang Flags Memory As Major 'Unserved Market' With Surging Demand And Prices

Shares of storage solutions company, SanDisk Corp. (NASDAQ:SNDK) rallied 27.56% on Tuesday, becoming the best performer in the S&P 500 for the day, following Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang’s remarks on the growing importance of the storage market.

Storage An ‘Unserved Market’

During his speech at CES 2026 on Monday, Huang said storage is a “completely unserved market today,” amid tight supply, surging prices and soaring demand from AI training and inference markets.

“This is a market that never existed, and this market will likely be the largest storage market in the ...