Why Sandisk Corp. (SNDK) Surged On Tuesday?

We recently published a list of 10 Stocks Lead Rally Amid Market Bloodbath. In this article, we are going to take a look at where Sandisk Corp. (NASDAQ:SNDK) stands against other stocks that lead rally amid market bloodbath.

The stock market took a battering anew on Tuesday, with all major indices registering steep losses as investors continued to digest President Donald Trump’s next tariff deadline that would slap China with a cumulative 104-percent tariff.

The tech-heavy Nasdaq registered the heaviest fall, down by 2.15 percent, followed by the S&P 500’s 1.57 percent decline, and the Dow Jones’ 0.84-percent drop.

Meanwhile, 10 companies—four of which were in the medical sector—bucked an overall market decline, booking modest gains during the session.

In this article, we listed the 10 well-performing names of Tuesday and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

Sandisk Corp. (NASDAQ:SNDK)

Sandisk grew its share prices for a second day on Tuesday, adding 2.76 percent to end at $32.35 apiece as investors cheered the launch of what it touted as the next-generation storage solutions.

At the 2025 NAB Show in Las Vegas, SNDK launched the new SanDisk PRO-CINEMA CFexpress Type A Card, designed to meet the demand of professional cinematographers and videographers.

The new storage product boasts transfer speeds of 1800MB/s and write speeds up to 1650MB/s, enabling faster turnaround from shoot to post-production, ideal for professionals working with 8K RAW video, high-frame-rate footage, and burst photography.

The PRO-CINEMA CFexpress is available in capacities up to 960GB.

In addition to the CFexpress, SNDK is set to launch two powerful flash drives this summer to cater to the needs of media and entertainment professionals requiring fast, flexible, and high-capacity portable storage.

Overall, SNDK ranks 10th on our list of stocks that lead rally amid market bloodbath. While we acknowledge the potential of SNDK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SNDK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.