🟢 2X Long SanDisk ETF (SNDU) is trading 9% up in pre-market on August 12, 2026, as AI-driven storage demand accelerates

SNDU is trading at $16.89 (+8.96%), benefiting from renewed optimism around SanDisk’s strong fiscal fourth-quarter results and accelerating AI-driven data-center storage demand.

• SanDisk reported $8.97 billion in revenue and $39.25 adjusted EPS.
• Analysts view the post-earnings decline as an attractive entry point; data-center revenue rose 103% sequentially.
• Positive Nasdaq futures and broader technology strength are adding support ahead of the 8:30 a.m. CPI release.