On September 18, SanDisk Corp. rose 3.17% in regular trading, trading at $1,663.27/share, with turnover of approximately $3.008 billion. The advance extended a multi-session rally across the broader storage sector.

On the news front, the imminent inclusion of SanDisk in the S&P 100 index, effective September 21, continues to fuel passive fund allocation expectations, providing a key structural tailwind for the stock. Citi recently published a research note projecting global memory capital expenditure to surge 46.5% year-over-year to $80.4 billion in 2027, citing that supply-side constraints — driven by HBM capacity absorption and slowing technology migration — leave the expansion pace far behind surging demand, making the supply-demand gap difficult to close in the near term. Additionally, JPMorgan fund flow data indicates that retail investors are concentrating capital into AI-infrastructure core names including SanDisk amid a broader slowdown in market participation.

Within the Technology Hardware, Storage & Peripherals sector, peers also traded higher, with Seagate Technology up 3.03%, Western Digital up 2.67%, and Dell Technologies up 0.25%, while Apple slipped 0.4% and Super Micro Computer fell 2.3%.

(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.)