New York, Jan 9, 2026, 12:23 EST — Regular session
- Sandisk shares climb nearly 10% on report tied to enterprise flash pricing
- Nomura note points to steep rises in high-capacity 3D NAND used in data-center SSDs
- Traders now look to Jan. 29 earnings for pricing and supply signals
Sandisk Corp shares rose 9.9% to $367.53 by midday Friday, a sharp rebound after a choppy start to the year for memory and storage names. The move followed a report that flagged a possible jump in prices for enterprise flash components. (Seeking Alpha)
Why it matters now: pricing is the whole game in flash memory. When suppliers can raise prices — or even convince buyers they will — margins can swing fast, and so can stocks.
Investors have been leaning into anything linked to data-center buildouts, where demand for storage can spike in bursts. Enterprise solid-state drives, the high-end gear that sits in servers, tend to feel shortages first, then ripple into the rest of the market.
Nomura Securities told clients its “channel checks” suggest Sandisk’s enterprise-grade 3D NAND — a type of flash memory stacked in layers to boost capacity — could rise sharply in the current quarter, Tom’s Hardware reported. “SanDisk’s NAND used in enterprise SSDs is cited as potentially rising by more than 100% quarter over quarter in the March period,” the note said. (Tom’s Hardware)
The broader group moved with it. Micron was up 3.9%, Seagate gained 4.7% and Western Digital added 1.9%, tracking the same trade in memory and storage supply tightness.
Sandisk was carved out of Western Digital and listed as a stand-alone company in 2025, leaving it as a purer bet on flash memory and SSD demand than its former parent.
But there’s an obvious risk: these markets turn. A price push can stall if big cloud buyers balk, or if rivals ramp supply faster than expected. For a stock that has already moved hard, any hint that pricing is peaking can hit quickly.
Next up is Sandisk’s fiscal second-quarter results, due Jan. 29, with a conference call scheduled for 1:30 p.m. Pacific time. Traders will be listening for any hard numbers on NAND pricing, supply commitments and whether data-center demand is pulling forward orders. (Businesswire)
