Sandisk stock price jumps nearly 20% as SNDK outlook, Kioxia supply pact fuel rally
New York, Jan 30, 2026, 09:45 ET — Regular session
- Shares of Sandisk surged nearly 19% in early trading following a strong forecast for profit and sales
- Company renewed a crucial flash-memory supply deal linked to its joint venture in Japan
- Investors are watching to see if tight NAND supply and AI-driven storage demand will persist into the spring
Shares of Sandisk Corp jumped Friday following an upbeat near-term forecast and steps to secure supply, pushing the stock’s streak higher. The flash-memory maker remains one of the most volatile names linked to AI plays in the market.
The stock jumped roughly 19.5%, reaching $644.34, following Thursday’s close at $539.30. (Google)
This shift is significant…
