🟢 2X Long SNDK ETF (SNXX) is trading 11.5% up on SanDisk's AI-storage outlook

SNXX is trading at $18.05 (+11.49%) as its sole underlying exposure, SanDisk, continues advancing after its August 13 Investor Day.

• SanDisk highlighted nearly $94 billion in long-term customer agreements, stronger margins, and sustained AI-inference storage demand.
• JPMorgan upgraded SanDisk to Overweight with a $2,250 price target.
• Memory-sector peers are rallying as well, confirming a sector-driven move.