Sandisk stock jumps as report flags potential doubling of enterprise NAND prices
Sandisk shares jumped 9.9% to $367.53 midday Friday after a Nomura note pointed to a potential doubling of enterprise 3D NAND prices this quarter. The report cited strong demand for data-center SSDs. Micron, Seagate, and Western Digital also advanced. Investors await Sandisk’s Jan. 29 earnings for updates on pricing and supply.