SNDK
SanDisk
Updated - ago
SanDisk Corporation (SNDK) shares advanced +13.59% to $976.99, driven by a broad memory and hardware sector upswing alongside strong AI-related infrastructure demand.1 The double-digit gains were further supported by value buying and short covering following a recent oversold correction,2 as well as ongoing anticipation for its upcoming stock split.3
Sandisk Corporation is an independent semiconductor company that designs, develops, and manufactures NAND flash memory and storage products. Originally founded in 1988 as SunDisk, the company pioneered non-volatile memory formats, including early commercial flash memory cards and USB drives. Western Digital acquired the business in 2016 to integrate flash and solid-state storage with its traditional drive operations. In February 2025, Western Digital completed a spin-off of its flash memory division, re-establishing Sandisk as a standalone publicly traded company on the Nasdaq under the symbol SNDK. The company produces enterprise and client solid-state drives, embedded flash storage, memory cards, USB drives, and portable storage devices. Its storage solutions are distributed primarily under the SanDisk and WD_BLACK brands. Sandisk also participates in a long-standing flash memory manufacturing joint venture with Kioxia to maintain competitive production volumes.