Today: 5 April 2026
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TWSE:2402 2 February 2026 - 25 March 2026

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk will invest about $1 billion in Taiwan's Nanya Technology, acquiring a 3.9% stake and securing a multi-year DRAM supply deal. Sandisk shares fell 3.5% in U.S. trading; Nanya stock rose 4.6% in Taipei. The purchase price of NT$223.9 per share is a 15% discount to Nanya's 30-day average. Nanya will use proceeds for factory upgrades and advanced memory production.

Stock Market Today

  • Sensex, Nifty outlook for April 6: Market trends, key levels and strategy
    April 5, 2026, 1:53 AM EDT. Indian markets closed a holiday-shortened week mostly flat, finishing a sixth consecutive week of decline. The BSE Sensex ended at 73,319.55 and the NSE Nifty at 22,713.10 after a strong Thursday rally erased earlier losses. However, Nifty futures hinted at a weak start with a 0.73% drop. Market sentiment remains fragile due to high crude prices and the US-Iran conflict. Domestic institutions offset foreign outflows, stabilizing the market. Analysts see Nifty support near 22,500 with resistance around 22,800-23,000. Bank Nifty hovers near 51,500 with critical support at 50,000. The Sensex meets resistance near 73,800 and needs a move above 75,000 to shift momentum. RBI's upcoming policy decision and inflation guidance remain key market drivers.
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