Sandisk is trading 7.6% up now at $1367.00, primarily as memory-chip stocks rally on surging server DDR5 prices and expectations of tighter supply from strong AI and data-center demand.
- Sandisk is substantially outperforming the broader market.
- Micron described persistent capacity constraints and demand extending into 2027, reinforcing bullish sentiment across memory and storage names.
- No verified company-specific announcement on August 12, 2026 was found; the move is mainly industry-driven.