DISK is trading 6.12% up at $40.91 after continued strength across memory stocks following SanDisk’s August 13 Investor Day.
- Management projected mid-to-high-teens revenue growth and approximately 80% non-GAAP gross margins through fiscal 2030.
- SanDisk highlighted strong AI-infrastructure demand.
- Memory peers also advanced in premarket trading, indicating the move is primarily sector-driven rather than a new August 17 company announcement.