RAM is trading 3.65% up in pre-market, reflecting continued strength across memory and storage stocks after SanDisk’s August 13 Investor Day.

  • SanDisk outlined mid-to-high double-digit revenue growth, approximately 80% gross margins, and $94 billion in long-term pricing agreements.
  • The outlook lifted SanDisk, Micron, SK hynix, Western Digital, and Seagate, while Asian memory shares extended gains overnight.
  • Cooling July inflation and jobless-claims data supported technology valuations by reducing near-term rate-hike concerns.