SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal
NEW YORK, January 30, 2026, 04:46 ET — Premarket
- Sandisk shares surged early after the company raised its profit outlook and announced new supply developments.
- The flash-memory maker cited rising AI-driven demand in data centers alongside tightening supply.
- Investors await to see if the rally sustains as regular U.S. trading kicks off.
Sandisk shares jumped 18.9% in premarket action Friday, hitting $641.18 by 4:22 a.m. ET. The flash-memory company boosted its profit forecast and renewed a crucial supply deal. The stock had closed Thursday at $539.30. (Investing)
Sandisk’s late-day forecast demands a quick rethink. The company expects fiscal third-quarter revenue between $4.40 billion and $4.80 billion,…
