Sandisk News - August 28, 2026

SanDisk faces target cut to $1,875, despite 450% AI-driven rally
SNDK

SanDisk faces target cut to $1,875, despite 450% AI-driven rally

Mizuho Securities analyst Vijay Rakesh lowered the SanDisk (SNDK) price target to $1,875. The firm previously set a price target of $1,900 for the company....
SanDisk and Kioxia invest $31 billion in Japan, targeting AI memory demand
SNDK

SanDisk and Kioxia invest $31 billion in Japan, targeting AI memory demand

SanDisk and Kioxia Corporation announced a joint investment exceeding $31 billion in Japan. The multi-year initiative requires government support and extends...