Rich Smith, The Motley Fool Wed, November 11, 2026 at 10:51 AM EST 3 min read CRWV +23.47% SNDK +16.42% NVDA +3.98% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
A strong earnings report from AI cloud provider CoreWeave (NASDAQ:CRWV) last night is lifting shares of AI data center memory chip provider Sandisk (NASDAQ:SNDK) this morning.
As of 10:10 a.m. ET, CoreWeave stock is up 20.3% -- and Sandisk is up 13%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
CoreWeave beat earnings in its Q3 report last night, losing less money ($1.27 per share) than feared, and collecting more revenue ($3.66 billion) than hoped. That company further raised its guidance for full-year 2026 revenue to a range of from $13.0 billion to $13.3 billion, with better-than-forecast adjusted operating income guidance as well -- and promising to spend anywhere from $37 billion to $39 billion on capital investment.
That's the part most relevant to investors' hopes for Sandisk. The more money CoreWeave spends on "capital investment," the more money it will be sending Sandisk's way for computer memory chips to outfit its data centers. This is a bullish forecast for Sandisk's revenue as well.
Just as important is CoreWeave's ability to pay for all these chips, and CoreWeave had more good news on that front. Not only will 2026 revenue be above expectations, but CoreWeave raised its prediction for the revenue it will have coming in on an annual run rate basis -- to $20 billion to $21 billion as it exits 2026. And CoreWeave predicted it will be earning at least "adjusted" profits by early 2028.
CoreWeave's good news means the future is looking brighter for Sandisk stock, too. At less than 7x trailing earnings and an ultra-cheap less than 4x forward earnings, now might be a good time to buy Sandisk stock.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Sandisk wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $341,157!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,037,753!*
Now, it's worth noting Stock Advisor's total average return is 834% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of November 11, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Why Sandisk Stock Popped Today was originally published by The Motley Fool
