SanDisk is trading 10.12% up now at $9.03, extending a memory-sector rally tied to stronger AI data-center demand and expectations for tighter NAND supply.
- Memory stocks also gained after reports of potential Temasek investments in Samsung Electronics and SK Hynix.
- Cooling July PPI data improved risk appetite and supported technology shares.
- Broader sector momentum, rather than a new company-specific announcement, appears to be driving the move.