• Sandisk (SNDK) soared over 25% today, closing at $1279.96 (+25.99%), and extended gains in after-hours trading to $1346.95 (+5.2%).
  • The surge was fueled by a broad rally across semiconductor stocks, driven by renewed optimism for AI and memory technologies.
  • Catalysts included a hedge fund's liquidation of its public holdings, removing selling pressure, and bullish comments on AI infrastructure from major tech companies.