On August 17, 2026, prior to the opening bell of the U.S. stock market, shares of memory chip companies generally experienced an uptick. Notably, SanDisk's stock soared by nearly 6%, with its share price climbing to $1,620. This follows a significant jump of nearly 14% in the previous trading day. Meanwhile, Micron Technology also saw its shares rise by over 3%. JPMorgan Chase has expressed a positive outlook on memory demand, assigning SanDisk an 'Overweight' rating and setting a target price of $2,250.