Memory Chip Stocks Soar on US Stock Market, SanDisk's Gains Extend to 15%
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Author:小编   

On August 17, SanDisk witnessed a remarkable 15% surge in its stock price, soaring to $1543.997 per share, propelling its total market capitalization to a staggering $225.4 billion. In tandem, other major players in the memory chip sector also experienced significant upticks. Micron Technology's shares climbed by 7%, SK Hynix saw an 8.8% increase, Western Digital's stock rose by 10%, Seagate Technology's shares went up by 6%, and Kioxia ADR experienced a 7.6% gain. SanDisk has set its sights on achieving mid-to-high double-digit revenue growth for the fiscal years spanning from 2028 to 2030.

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