🟢 Sandisk is trading 4% up today amid a broad memory-chip rally and AI-demand optimism

Sandisk is trading at $1,493.90 (+3.99%) in pre-market as a broad memory-chip rally lifts the sector.

• Sector sentiment is bolstered by AI-demand optimism and a surge in the CXMT IPO, with the broader memory sector up 5.02%.
• The price action may partly reflect a technical rebound from a sharp sell-off on July 24 following weak guidance.
• No new company-specific announcements have been released to account for the move.