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SanDisk (SNDK): Donald Trump’s Top Stock Pick in 2026

We just covered Donald Trump Stock Portfolio: 10 Best AI and Tech Stock Picks in 2026. SanDisk (NASDAQ:SNDK) ranks #2 (see Donald Trump Stock Portfolio: 5 Best AI and Tech Stock Picks in 2026). The stocks identified in this article are based on Trump’s financial disclosure filings released by the U.S. Office of Government Ethics and reported by Reuters. According to a statement from the Trump Organization cited by Reuters, Trump’s investment holdings are maintained through fully discretionary accounts managed by third-party financial institutions, which have sole authority over investment decisions. 

Stock Performance Since Trade Date: +180%

SanDisk (NASDAQ:SNDK) is among the best AI stock picks in President Donald Trump’s portfolio. Since the stock trade day, the stock has gained about 364%.

SanDisk (NASDAQ:SNDK) is a leading NAND flash memory company that makes storage products including enterprise SSDs and consumer flash storage devices. Its customers include hyperscalers, data centers, PC makers, and consumer electronics companies. The stock has been on an amazing bull run but recently wavered amid concerns over the durability of the AI-driven demand supercycle, amplified by Broadcom’s weaker-than-expected AI semiconductor outlook.

However, bulls believe SanDisk (NASDAQ:SNDK) is a key beneficiary of accelerating AI-driven NAND flash demand in data centers, high-volume inference, and agentic workloads as the shift towards larger KV cache and storage intensity accelerates. NAND flash prices are growing 70-75% sequentially in the current quarter, marking the first time NAND has outpaced DRAM in the current AI memory supercycle.

The company has secured five multi-year supply partnerships under its New Business Models framework, locking in $42 billion in minimum contractual revenue covering over one-third of anticipated FY2027 bit demand. In full year 2026, revenue is projected to rise 168% year-over-year to $19.7 billion, and a further 101% in fiscal 2027 to $39.8 billion. SanDisk’s (NASDAQ:SNDK) upcoming BiCS8-based QLC SSD ramp is expected to accelerate its data center growth trajectory further, while its extended Kioxia joint venture through 2034 and $1 billion investment in Nanya strengthen its long-term supply resilience.

Recently, Mizuho raised SanDisk’s price target to $2,200 from $1,825 and maintained an Outperform rating, while BofA raised its target to $2,100 citing tight supply-demand balance.

Polen 5Perspectives Small Mid Growth Strategy stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its fourth quarter 2025 investor letter:

“The top contributors to the Portfolio’s relative performance in the quarter were Bloom Energy, Sandisk, and First Solar. Sandisk Corporation (NASDAQ:SNDK) is a provider of high-performance flash memory storage products (Solid State Drives, memory cards, and USB Flash Drives, etc.). AI requires immense volumes of fast, high-capacity data storage in data centers, edge devices, and consumer products, creating strong demand for its flash memory solutions which in turn allowed the company to exercise pricing power. This all culminated in very strong results and raised guidance during the quarter, as the company appears poised to experience AI related tailwinds for the foreseeable future (Click Here to Read the Letter in Detail).”

While we acknowledge the risk and potential of SNDK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SNDK and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

Two years ago, Wall Street wrote off British American Tobacco (BTI) as a “melting ice cube.” The stock had crashed 40% from its peak, and consensus said the business was dying.

We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

Get the ticker for our new “Underdog” pick and the full BTI case study for just 99 cents.

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