SNDU is trading at $22.15, up 8.74% from the August 26 close of $20.37, after stronger-than-expected NVIDIA fiscal second-quarter results renewed optimism around AI infrastructure demand for memory and storage components.
- NVIDIA’s adjusted EPS was $2.22 on $96.2 billion in revenue; third-quarter guidance was $105.8 billion-$110.1 billion.
- Nasdaq futures rose 0.84% and Asian semiconductor shares firmed; NAND shortages, higher memory prices and AI-server demand support SanDisk and the broader NAND sector.
- SNDU’s leveraged structure can amplify overnight moves.