SNDU is trading 4.05% up in pre-market, primarily reflecting a rebound in SanDisk rather than broad-market strength.
- SanDisk’s August 24 selloff followed concerns that Apple could source memory chips from Chinese suppliers.
- The August 25 move appears to be a relief rebound, supported by firmer Nasdaq futures.
- Optimism continues around tight NAND supply and AI-driven storage demand.