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Nasdaq Corporation announced late Friday that SanDisk Corporation will join the Nasdaq 100 Index. SanDisk will replace software as a service (SaaS) giant Atlassian Corp Plc in the index before the opening on April 20, 2026. Benefiting from the storage chip supercycle under the AI boom this year, the stock has risen more than 200% cumulatively. In the past year, the stock has seen an astonishing increase of over 2500%.
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