🟢 SanDisk is trading 5% up today as chip and storage stocks rebound after sell-off

SanDisk is trading at $8.50, up 4.94%, as chip and storage stocks rebounded after last week’s sharp sell-off.

• On October 19, Reuters reported lower Treasury yields and easing crude prices supported the broader AI trade.
• The sector had fallen for eight sessions amid inflation concerns and doubts about AI spending.
• An October 18 report on longer-term customer agreements is background; it is not a clearly established cause of the session’s move.