SanDisk Target Raised to $2,200 as Goldman Sachs Highlights HBF AI Storage Potential

Goldman Sachs upgrades SanDisk outlook citing HBF tech for AI storage, setting $2,200 target. Mixed US futures and strong NVIDIA production news drive pre-market sentiment.

Woofun AI reports that Goldman Sachs maintains a "buy" rating on SanDisk with a $2,200 target price, citing high-bandwidth flash technology's growth potential in AI storage. The firm noted stronger-than-expected signals regarding long-term profitability and shareholder returns.

Meanwhile, NVIDIA announced full-scale production of its Spectrum-X Ethernet photonic switch, which reduces laser count by four times and power consumption by five times while increasing mean time between failures tenfold. Pre-market data shows mixed US index futures, with the Nasdaq 100 up 0.24%, while gold spot prices rose 0.65% to $4,379.08 per ounce.