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SanDisk's sharp rise on September 1 was mainly driven by the official inclusion in the MSCI Global Index, combined with the long-term logic of AI storage, Japan's massive expansion plans, and strong financial reports. Institutions overall maintain a bullish stance, with the average target price implying significant upside potential. However, attention should be paid to the short-term nature of the MSCI inclusion effect, the risk of a pullback under high valuations, and sensitivity to the Chine