SNDK rose about 11% to $1,790.85 with a $262.4B market cap, alongside a broader chip-stock rally in Asia. Is the move tied to memory/NAND pricing or AI storage demand, and does the valuation at this level already price the cycle?

62.4B market cap, alongside a broader chip-stock rally in Asia. Is the move tied to memory/NAND pricing or AI storage demand, and does the valuation at this level already price the cycle? — Million Research"/>62.4B market cap, alongside a broader chip-stock rally in Asia. Is the move tied to memory/NAND pricing or AI storage demand, and does the valuation at this level already price the cycle? — Million Research"/>SNDK rose about 11% to $1,790.85 with a $262.4B market cap, alongside a broader chip-stock rally in Asia. Is the move tied to memory/NAND pricing or AI storage demand, and does the valuation at this level already price the cycle? — Million Research