Sandisk is trading 6% up at $1,364.93 in pre-market, extending a sharp rebound as investors position ahead of the company's Q2 earnings report on August 5.
- Market focus remains on the unveiling of new business models and multi-year agreements expected during the earnings call.
- The stock is benefiting from a broader sector rally in memory chip names following Samsung’s record AI-driven results and tightening DRAM supply.
- The advance continues a recovery trend following recent market volatility and a significant upward move on August 3.