SNXX is trading at $14.99, up +3.24% after-hours as Treasury yields ease.
- The U.S. Treasury announced larger long-term bond buybacks, improving risk appetite for growth and semiconductor stocks.
- The Philadelphia Semiconductor Index fell nearly 5%, while SanDisk dropped about 9% in broad chip-sector selling.
- The move appears leveraged relief, not fresh SanDisk earnings news. Broader markets finished higher; chip weakness eased after SK Hynix announced a major buyback, supporting SNXX into the August 20, 2026 session.