Movement Alert|SanDisk Corp. Rises 3.16% in Regular Trading, Dual Index Inclusion and Storage Sector Momentum Drive Gains

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On September 9, SanDisk Corp. rose 3.16% in regular trading, trading at $1794.47 per share, with turnover of $3.878 billion, extending a multi-session rally fueled by dual index inclusion catalysts and sustained storage industry tailwinds.

On the index front, SanDisk was officially added to the MSCI All Country World Index after the August 31 close, ranking among the three largest additions by total market capitalization. Additionally, S&P Dow Jones Indices announced that SanDisk will be included in the S&P 100 Index effective September 21, a dual passive-fund inflow catalyst expected to boost daily trading volumes and narrow bid-ask spreads.

On the demand side, Q2 global DRAM market revenue reached $147.024 billion, up 55.9% quarter-over-quarter to a record high, driven by robust server and HBM demand. Bank of America projected an additional 10%-20% upside in September DRAM and NAND spot prices amid supply shortages. On the capacity front, Kioxia and SanDisk announced a combined 5 trillion yen investment over six years to expand production, reinforcing long-term growth expectations. Notably, quantitative giant Jane Street increased its SanDisk holdings by approximately 540%, surpassing 5% of outstanding shares.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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