Tech Corner: SNDK Joins the Nasdaq-100

• Sandisk (SNDK) has experienced a nearly 3,000% rally over the last year and joined the Nasdaq-100.
• Its pure-play NAND technology is positioned to benefit from the expanding Large Language Model (LLM) market.
• Key risks include the stock's parabolic move, fears of global NAND oversupply, and valuation concerns.

Sandisk (SNDK) has surged nearly 3,000% and joined the Nasdaq-100, driven by its pure-play NAND technology serving the growing LLM market. However, the analysis also highlights significant risks including its parabolic stock move, potential global NAND oversupply, and valuation concerns.