On August 4, SanDisk Corp. rose 3.47% in pre-market trading, trading at $1,339.51/share, with turnover of $88.36 million.

On the news front, SK Hynix and SanDisk jointly released the world's first standard specification for High Bandwidth Flash (HBF), achieved just six months after the alliance was formed. HBF is a new memory tier positioned between HBM and SSD, supporting up to 512GB capacity and 0.4 to 3.0 TB/s bandwidth, utilizing the UCIe open interconnect standard. Google and Tenstorrent have joined the alliance, with the specification open to the entire industry through OCP.

Additionally, SanDisk is scheduled to report fiscal fourth-quarter earnings after market close on August 5. Market consensus expects revenue of $8.394 billion, representing 363% year-over-year growth, and adjusted EPS of $34.45. Against the backdrop of a 47% cumulative decline in July, some investors view the prior selloff as having excessively priced in pessimistic expectations, with bargain-hunting capital continuing to flow in.

(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.)