Sandisk Corporation (NASDAQ:SNDK) is one of the 10 Best Performing Blue Chip Stocks to Buy. On April 2, Mizuho recommended buying shares of Sandisk Corporation (NASDAQ:SNDK) after a recent decline linked to TurboQuant concerns.
Mizuho’s analyst told investors in a research note that TurboQuant was first explored in 2025 but new results recently highlight improvements in AI inference performance. The research firm noted that performance improvement “actually accelerates the adoption flywheel (Jevons paradox).” Mizuho also believes that the shift from copper to optical technology, which offers ten times more bandwidth, could increase spending on AI servers instead of reducing it. The research firm further stated that worries about OpenAI’s Sora video wind-down are misplaced and that memory demand could see an upside in 2027.
On April 3, Bernstein also showed confidence in Sandisk Corporation (NASDAQ:SNDK) by setting a price objective of $1,000 with an Outperform rating. The firm described the recent drop in the share price, caused by concerns over Google’s new TurboQuant algorithm, as an overreaction by the market. Bernstein argued that the impact of TurboQuant has been overstated.
The research firm’s analysis indicates that hard disk drive demand is expected to remain largely unchanged and any effects on NAND flash memory demand should be minimal.
Sandisk Corporation (NASDAQ:SNDK) is an American computer technology company that designs and manufactures flash solutions and advanced memory technologies, including SSDs, memory cards, and USB Flash Drives.
While we acknowledge the potential of SNDK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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