Sandisk is trading 14.83% up today at $1,223.32 as the stock rebounds alongside the broader semiconductor and AI hardware complex.
- The recovery follows several sharp declines tied to memory-sector weakness and the recent SK Hynix earnings miss.
- Broader markets are also firmer, with Nasdaq futures and major indices bouncing to support a risk-on recovery.
- Despite the rebound, sector context indicates DRAM stocks remain under pressure due to ongoing competition fears.