Sandisk stock rises as AI memory shortage talk lifts SNDK; earnings date looms
Sandisk Corp shares rose 1.4% to $279.00 in Monday morning trading, with about 4.8 million shares exchanged. The move follows surging demand and tight supply for memory chips used in AI data centers, pushing some prices to more than double since February 2025. Samsung called the shortage “unprecedented.” Sandisk reports fiscal Q2 results on Jan. 29.