Sandisk is trading 4.5% up at $1,062.01 in pre-market action, recovering from several days of sharp declines tied to memory-sector weakness and the SK Hynix earnings miss.
- The move appears to be part of a broader rebound in semiconductor and AI-related hardware names as market risk sentiment improves.
- Major chip stocks including Micron, Seagate, Western Digital, Applied Materials, and Lam Research are all showing strong pre-market gains in sympathy with the sector recovery.