why it jumped Friday on price-hike talk — and what’s next
New York, January 11, 2026, 08:16 (ET) — Market closed.
Sandisk Corp (SNDK) shares closed Friday at $377.41, jumping 12.8% amid chatter about sharp price hikes for data-center storage chips. Western Digital climbed 6.8%, Seagate Technology rose 6.9%, and Micron gained 5.5%. Nvidia, meanwhile, saw little movement.
U.S. markets are closed for the weekend, putting the spotlight on Sandisk ahead of Monday’s open. The wager is straightforward: rising enterprise flash prices should boost profits more quickly than much of the “AI” trade.
This is crucial now since memory prices usually move in bursts, and investors want to see if the upcycle is extending from components to finished drives. Sandisk’s upcoming…
