On October 1, SanDisk Corp. rose 3.32% in regular trading, trading at approximately $1,799.00 per share, with turnover of $10.445 billion. The rally was driven by Micron Technology's latest quarterly results, which significantly exceeded market expectations and sparked a broad rebound across the storage sector.

Micron reported NAND flash revenue growth of 42%, with product prices rising approximately 30% amid persistent supply tightness. Citi analysts noted that SanDisk, as a core NAND flash solutions provider, is well-positioned to capture the NAND demand tailwind. Rosenblatt Securities initiated coverage of SanDisk with a Buy rating and a $2,400 price target, highlighting how NAND flash is evolving from a commodity storage medium into a system-critical component within AI infrastructure. Bank of America raised its DRAM and NAND average selling price forecasts, while Citi projected global memory capital expenditure to surge 46.5% year-over-year to $80.4 billion. Sector peers also advanced, with Western Digital up 2.42% and Seagate Technology up 2.27%.

SanDisk's next earnings report is scheduled for October 29, with consensus EPS estimated at $45.22.

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