SNDK
NASDAQ · Technology
Sandisk Corp
$677.86
-24.62 (-3.50%)
SNDK News21 articles
SanDisk Retreats Despite Bullish Citi Target as AI Memory Rally Cools
SanDisk shares declined 1.5% to $742.50, even after Citi lifted its price target to $875. The pullback highlights growing valuation concerns amid a surge fueled by AI data center demand for NAND flash memory.
SanDisk Plunges 17% Ahead of Key Conference, CPI Data
SanDisk shares dropped 6.8% on Friday, closing at $527.33, marking a 17% weekly decline. The selloff extended across memory and storage stocks, with Micron, Western Digital, and Seagate also posting losses.
Sandisk Gains Bloomberg 500 Inclusion Amid Volatile Trading
Sandisk is set to enter the Bloomberg 500 index on March 12, the index provider announced. The flash-memory maker's stock has been volatile this week amid broader market jitters.
SanDisk Shares Rebound 6% Following Tech Sector Sell-Off
SanDisk shares climbed nearly 6% on Wednesday, recouping some of the previous day's steep losses. The rebound coincided with a broader stabilization in technology and memory-chip stocks.
SanDisk Plunges on Geopolitical Jitters, AI Trade Unwinds
SanDisk shares tumbled 8.6% in after-hours trading, pressured by a spike in oil prices and broader market weakness. Investors await commentary from the company's management at an industry conference.
Western Digital Leads Tech Rout as Oil Spike Sparks Inflation Fears
Western Digital shares tumbled roughly 6% on Tuesday, leading a decline in data storage stocks as a spike in oil prices fueled inflation concerns and rattled the broader market. A regulatory filing also showed a planned insider sale.
SanDisk Shares Slide in After-Hours Amid Geopolitical Tensions
SanDisk shares declined 2.6% in extended trading Monday following geopolitical turmoil that sparked market volatility, while investors await commentary from the company's scheduled conference appearance.
Geopolitical Tensions Rattle Tech Stocks, SanDisk Slides in Extended Trading
SanDisk Corporation shares declined 2.6% in after-hours trading Monday as geopolitical tensions in the Middle East sparked broad market volatility, particularly affecting technology and storage stocks.
SanDisk Shares Rebound on CEO's Multi-Year Data Center Contract Strategy
SanDisk shares gained 3.5% Thursday morning as CEO David Goeckeler detailed a strategic pivot toward multi-year contracts with data center customers, helping the stock recover from a recent short-seller-driven decline.
SanDisk Holds Near $627 Amid Market Holiday, Focus Shifts to Nvidia Earnings
SanDisk shares ended Friday at $626.56, down 0.6%, before gaining 0.6% in after-hours trading. With U.S. markets closed Monday, attention turns to upcoming economic data and Nvidia's quarterly report.
SanDisk Shares Stabilize After Volatile Session, AI Outlook in Focus
SanDisk shares ended Friday down 0.5% at $626.56 following a volatile trading session that saw a nearly 12% intraday swing. Markets are closed Monday for the Presidents Day holiday.
SanDisk Shares Retreat Following Volatile Trading Session, Investors Eye Economic Data
SanDisk stock declined 2.4% in after-hours trading after a wide-ranging session, though it remains up over 150% year-to-date. Traders are focusing on upcoming U.S. jobs and inflation reports.
SanDisk Shares Tumble 6.7% in Early Trading, Dragging Memory Sector Lower
SanDisk stock fell sharply Monday, extending recent volatility as memory peers declined. Investors are monitoring U.S. economic data for interest rate signals.
SanDisk Invests $1B in Nanya Tech to Secure AI-Era DRAM Supply
SanDisk will invest approximately $1 billion in Nanya Technology, acquiring a 3.9% equity stake and securing a multi-year DRAM supply agreement. The move aims to lock in memory capacity amid soaring AI-driven demand.
SanDisk Shares Retreat Despite Citi Target Hike as AI Rally Faces Valuation Scrutiny
SanDisk shares dropped over 4% in Friday trading, even after Citi increased its price target to $875, highlighting investor caution around its AI-fueled valuation following a 1,200% rally.
AI Storage Demand Fuels SanDisk Rally Amid Valuation Debate
SanDisk shares advanced 4.6% as analysts highlight sustained AI-driven flash storage demand in data centers. The company posted a 61% year-over-year revenue jump and extended its supply agreement with Kioxia through 2034.
Micron's Taiwan Expansion Fuels AI Memory Rally, Sandisk Surges
Sandisk shares surged 7% Monday following Micron's announcement of a second memory chip plant in Taiwan, underscoring intense demand for AI-related memory and storage components. The company reported a 61% year-over-year revenue jump to $3.03 billion for its fiscal second quarter.
Oil Volatility Tests AI Memory Stocks as Sandisk Swings on Gulf Tensions
Sandisk shares fell 0.6% in early Thursday trading following sharp intraweek swings, as escalating U.S.-Israeli conflict with Iran disrupts oil shipping and revives inflation fears that could pressure tech budgets.
SanDisk Rebounds 4% as Geopolitical Fears Ease, AI Demand Supports
SanDisk shares climbed roughly 4% in early Wednesday trading, recovering a portion of the prior session's steep 8.7% decline. The rebound followed reports of diplomatic outreach from Iran and comments aimed at stabilizing oil markets.
Western Digital Rises on $3.17B SanDisk Stake Sale to Cut Debt
Western Digital shares advanced 2.5% following news of a major debt reduction deal involving the sale of part of its SanDisk holding. The company's sales chief also sold shares under a pre-arranged plan.
Western Digital's SanDisk Stake Sale Fuels Stock Volatility, Debt Focus
SanDisk shares advanced as Western Digital divested a significant portion of its stake, raising $3.17 billion for debt reduction. Market attention now shifts to the potential sale of Western Digital's remaining 1.7 million shares.