RAM is trading at $13.45 (+3.30%), advancing as memory stocks extend their rally after SanDisk’s August 13 Investor Day.
- SanDisk projected mid-to-high-teens revenue growth, approximately 80% gross margins, and strong long-term AI-storage demand.
- The broader DRAM sector is benefiting from an AI-driven supply shortage and rising pricing expectations.
- RAM targets 2x the daily performance of DRAM, amplifying gains across its memory-stock exposure.