Can SanDisk Avoid the Memory Trap That's Burned Investors Before?

SanDisk has committed to a $31B NAND capacity expansion, directly responding to investor concerns about whether the AI memory “boom” is cyclical. The move signals confidence in sustained demand for NAND tied to AI-related compute and storage needs, rather than a near-term demand collapse. Overall, it’s a positive capacity/investment signal that could support memory pricing expectations, even though the article doesn’t cite specific earnings or guidance figures.