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TurboQuant cuts memory needs but Sandisk's AI storage growth keeps stock outlook bullish

Analyst Insights
27 Mar 2026
Seeking Alpha
View Source
Bullish
pluang ai news

TurboQuant's new algorithm reduces KV-cache memory needs by 6x for AI inference, impacting memory demand but not Sandisk's persistent SSD storage. Despite recent stock drops due to risk-off trading and industry trends, Sandisk's AI-driven data center revenue grew 64% sequentially and 76% year-over-year, now making up 15% of total sales. Analysts remain bullish on Sandisk's long-term prospects, expecting stock recovery and growth in the second half of the year as capital may shift from DRAM to storage solutions. Near-term volatility is expected due to macroeconomic risks, but Sandisk's AI storage story is seen as early and promising.

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