Sandisk is trading 5.78% up at $1736.00 after investors continued rewarding its bullish August 13 Investor Day outlook, including long-term growth targets, major shareholder returns, and expanding AI-storage opportunities.
- JPMorgan resumed coverage with an Overweight rating and a $2,250 price target.
- The broader memory-chip rally, fueled by sustained AI demand and tight NAND supply, is providing additional support.
- The move extends recent momentum, with closes rising from $1,528.11 on August 13 to $1,641.11 on August 14.