SNDG is trading at $9.50 (+8.57%) after SanDisk’s Investor Day highlighted mid-to-high-teens revenue growth, approximately 80% gross margins, and expanding AI-driven enterprise flash demand through 2030.
- Event supported broader memory-sector rally on tighter NAND supply and stronger storage demand.
- Cooling July PPI and modestly positive Nasdaq futures support; the catalyst remains sector-specific, not broad-market momentum.
- Retail Sales and University of Michigan sentiment data are scheduled for August 14 and could affect rates and technology equities after the open.