US Tech Stocks Surge on AI-Driven Demand
US tech stocks are in focus this week as investors weigh their performance and future prospects. One of the key players is SanDisk (SNDK), whose stock price forecast has been boosted by increasing demand for NAND flash storage driven by artificial intelligence infrastructure investment.
The company's stock has broken through $2,000, a significant milestone that reflects its growing importance in the memory sector. This surge is largely due to the rapid expansion of AI adoption and the subsequent tightening of NAND flash supply.
Meanwhile, Meta (META) and Google parent company Alphabet (GOOGL) are being compared as potential long-term investments. While both companies leverage artificial intelligence to drive their businesses, they approach it differently: Meta uses AI for content recommendations and ad efficiency on its platforms, whereas Alphabet commercializes AI through search, YouTube, and Google Cloud.
Another area of interest is the performance of Apple (AAPL) stock, which hit a record high after the launch of the iPhone 18 Pro series. Analysts expect further growth, with JPMorgan's research suggesting that demand for the new iPhones is stronger than expected.