SanDisk rises 3.13% to $2025.00 in Wednesday premarket as Micron earnings loom

SanDisk shares were up 3.13% at $2025.00 in Wednesday premarket trading as investors focused on Micron’s upcoming earnings report. Options markets are pricing an implied move of roughly 14% in either direction after the release, fueling optimism toward memory-chip names. The article argues memory has shifted from a commodity to a strategic asset, drawing a comparison to NVIDIA’s AI infrastructure buildout cycle. It adds that SanDisk’s move is largely event-driven sentiment spillover rather than a change in the company’s fundamentals.