SNDK
NASDAQ · Technology
Sandisk Corp
$1,562.34
+222.38 (+16.60%)
SNDK News30 articles
Sandisk Shares Rally 16.5% as AI Flash Storage Demand Skyrockets
Sandisk shares jumped 16.5% to $1,562.34, lifting market cap to $245 billion, as AI-driven flash storage demand boosted Q3 revenue 97% sequentially to $5.95 billion.
Micron Surges 15% on AI Memory Demand, Market Cap Nears $853 Billion
Micron Technology shares surged over 15% to $746.81, pushing market cap near $853 billion, driven by soaring AI data center demand for memory chips. Fiscal Q2 revenue nearly tripled to $23.86 billion.
Western Digital Rises on AI Storage Demand and Sandisk Divestiture Progress
Western Digital shares gained 3.5% as the company continues its Sandisk exit and reports strong AI-driven HDD demand. Q3 revenue hit $3.34B, up 45% YoY, with Q4 guidance above expectations.
Chip Sector Surge Fuels AI Rally; ETFs and Eaton in Focus
Chip stocks rallied nearly 5%, lifting AI ETFs and pushing S&P 500 and Nasdaq to record highs. Nvidia, Micron, Sandisk surged; Eaton posted strong Q1 sales.
Wall Street Hits New Highs on Tech Surge; Dow Flat Despite Jobs Data
The S&P 500 and Nasdaq hit record highs Friday, driven by AI and semiconductor stocks, while the Dow Jones barely budged after a solid jobs report.
AI Rally Drives S&P 500 and Nasdaq to New Highs Despite Oil Price Surge
The S&P 500 and Nasdaq closed at record highs Friday, driven by AI chip stocks and a better-than-expected April jobs report, even as oil prices climbed. Nvidia, Micron, and SanDisk posted strong gains.
Sandisk Rebounds as AI Memory Supply Tightness Drives Demand
Sandisk shares surged 11.7% to $1,497 on Friday, rebounding from a drop, as AI memory supply tightness and $42 billion in future contracts boost investor confidence.
Tech Rally Resurgent: Intel, Micron, SanDisk Lead Nasdaq Higher
The Nasdaq rose 0.83% Tuesday, driven by Intel, Micron, and SanDisk as AI optimism returned. Oil's pullback eased rate worries, extending April's record rally.
Micron Rises on AI Memory Demand, Analyst Sets $1,000 Target
Micron Technology shares climbed to $584.58, fueled by AI-driven memory demand. D.A. Davidson issued a $1,000 target, as fiscal Q2 revenue hit $23.86 billion.
Data Storage Stocks Emerge as Unexpected AI Beneficiaries
Data storage stocks like Seagate, Sandisk, and Western Digital rally on AI data demand, with Sandisk reporting 251% revenue growth and a $42 billion supply deal.
Sandisk Surges on $42B AI Storage Deals, $6B Buyback
Sandisk reported Q3 revenue of $5.95B, up 97% sequentially, and announced a $6B buyback. Five new customer agreements guarantee over $11B, covering a third of 2027 supply. Shares fell 6% despite the strong results.
Sandisk Tumbles Despite Record Q3 Earnings as AI Rally Sets Sky-High Expectations
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting blowout Q3 earnings, as the stock's massive AI-fueled rally set an extremely high bar for performance.
Seagate Soars on AI Storage Demand, Lifting Sector
Seagate forecast Q4 revenue of $3.45B and EPS of $5.00, beating estimates. Shares jumped 18% premarket, lifting sector peers.
Sandisk Hits Record High on AI Memory Optimism Ahead of Earnings
Sandisk surged 7.4% to a record $1,063.55 on Monday after Melius Research started coverage with a Buy rating and $1,350 target, as AI-driven memory demand fuels bullish sentiment ahead of earnings.
Markets Rally on Geopolitical Hopes; AI and Growth ETFs Advised for Young Investors
Equities advanced on optimism for a resolution to the Iran conflict, while a market veteran recommends young investors allocate monthly funds to Vanguard's VGT and VUG ETFs for long-term growth.
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.
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 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.
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 Surges on AI Storage Demand, but Earnings Call Hints at Slowing Price Gains
SanDisk shares rose 9.3% to $1,372.33 after a stellar Q3, but the earnings call hinted that rapid price increases may be cooling.
SanDisk Surges on Nasdaq-100 Inclusion, Replacing Atlassian
SanDisk shares rallied sharply Monday following its selection to join the Nasdaq-100 index, with the flash memory maker set to replace Atlassian ahead of the April 20 market open.