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SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

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,…

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