---
title: "SanDisk-fueled ETF rockets 640% as AI storage boom intensifies"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286034057.md"
description: "The Tradr 2X Long SNDK Daily ETF has surged nearly 640% since January, driven by SanDisk's dominance in AI storage and a post-spin-off stock increase. SanDisk's impressive revenue, high gross margins, and long-term contracts underscore its importance in AI infrastructure. However, with short interest over 10% of the float, there are concerns about potential sharp pullbacks reminiscent of dot-com excesses."
datetime: "2026-05-12T04:25:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286034057.md)
  - [en](https://longbridge.com/en/news/286034057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286034057.md)
---

# SanDisk-fueled ETF rockets 640% as AI storage boom intensifies

ETF gains explode: The Tradr 2X Long SNDK Daily ETF has jumped nearly 640% since January, fueled by SanDisk’s AI storage dominance and post-spin-off stock surge. AI storage demand: SanDisk’s record revenue, 80% gross margins, and multi-year hyperscaler contracts highlight its central role in AI infrastructure. Risks mount: Short interest exceeds 10% of float, with warnings of dot-com–era excesses suggesting potential for sharp pullbacks.

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