SNDU is trading at $28.11 (+11.68%) as investors respond to SanDisk’s bullish Investor Day outlook.
- Potential non-GAAP gross margins could reach 80% by fiscal 2030, alongside nearly $94 billion in long-term strategic contracts.
- SanDisk and Kioxia’s new AI-focused 2-terabit QLC 3D flash technology improves interface performance by 33% versus the prior generation.
- The broader memory-stock rally is reinforcing the move.