🟢 Trading--Leveraged Equity ETF (SNXX) is trading 3.4% up in after-hours trading on SanDisk’s AI-storage momentum

SNXX is trading at $19.70 (+3.36%) in after-hours trading on continued SanDisk AI-storage momentum.

• SanDisk’s August 13 Investor Day highlighted nearly $94 billion in long-term customer agreements and strong AI-inference storage demand.
• JPMorgan upgraded SanDisk to Overweight, target $2,250, citing AI-driven NAND and expanding data-center storage needs; the Philadelphia Semiconductor Index gained 1.8%, supporting SNXX’s leveraged exposure.
• The powerful multi-session rally appears not to reflect a new confirmed earnings release; SanDisk’s August 5 results exceeded estimates, reinforcing the AI-storage thesis.