SanDisk to join Nasdaq 100 replacing Atlassian on April 20

SanDisk (SNDK) surged 285% YTD after BofA raised its target to $1,080, citing sustainable AI-driven NAND pricing. Citi also lifted its target. TrendForce forecasts further price increases as tight supply meets data center demand. SanDisk joins the Nasdaq 100 on April 20, replacing Atlassian.