SanDisk is trading 5.8% up at $8.51 as memory-chip names extend their rebound from last week’s sharp sector selloff and profit-taking.
- The move follows a period of heavy declines, with peers like Micron and Western Digital also rallying in relief as the sector recovers.
- There is no new company-specific news ahead of the August 5 earnings report, suggesting today’s gains are primarily sector-driven and supported by a broader risk-on tone in U.S. equities.