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Wall Street sharply raises the target price for "flash memory giant" SanDisk; Bank of America says, "In the storage supercycle, the price-to-book ratio should be at least 3-4 times."

Wall Street sharply raises the target price for "flash memory giant" SanDisk; Bank of America says, "In the storage supercycle, the price-to-book ratio should be at least 3-4 times."

``` AI data center demand is driving a revaluation of the memory industry, with several Wall Street investment banks sharply raising their target prices for "flash memory giant" SanDisk. According to Chasewind Trading Desk, Bank of America Merrill Lynch's latest research report has raised its target price
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Not only does AI have a "closed loop," but the US stock market does too: companies lay off employees to boost stock prices, rising stock markets stimulate consumption, and strong consumption supports performance.

Not only does AI have a "closed loop," but the US stock market does too: companies lay off employees to boost stock prices, rising stock markets stimulate consumption, and strong consumption supports performance.

``` It’s not just AI that has a “closed loop”—the US economy is also running within a non-typical “closed loop”: Companies boost stock prices through layoffs and cost-cutting, surging stock markets then stimulate consumption via the wealth effect, and strong consumption in turn supports corporate performance and economic resilience.
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