SanDisk (SNDK) shares surged over 5.01% in pre-market trading, driven by persistent optimism regarding AI-fueled memory demand following the company's strong Q2 fiscal 2026 earnings beat and highly bullish Q3 guidance.

  • Analysts attribute the robust long-term performance to SNDK's technological leadership in enterprise SSDs designed specifically for AI workloads.
  • The company is projected to achieve significant annual revenue growth, with analysts expecting a rate of 25.5% between 2026 and 2028.