TheStreet

SanDisk Rallies on New Flash Storage Platform and 200GB MicroSD

TheStreet

Wed, Mar 4, 2015, 5:46 PM

Shares of SanDisk Corp. (SNDK) surged Wednesday on the company's new flash storage platform, making it TheStreet's Move of the Day. SanDisk announced an all-flash storage system, called InfiniFlash. The system is made up of 64 hot-swappable cards with a total capacity of 512 terabytes. It can connect to up to eight off-the-shelf servers. Earlier in the week, SanDisk announced a new microSD card that can hold a record-breaking 200GB of data at the Mobile World Congress trade show in Barcelona. Shares of SanDisk closed the day higher on double its average trading volume. TheStreet's Kurumi Fukushima reports in New York.

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SanDisk Rallies on New Flash Storage Platform and 200GB MicroSD

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