Why Sandisk Stock Soared Today
Key takeaways
- Wall Street had expected Micron to earn $20.78 per share, adjusted for one-time items, on $35.8 billion in quarterly sales.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Sandisk itself doesn't report earnings again for another couple of months, on Aug. 24.
Rich Smith, The Motley Fool Thu, June 25, 2026 at 9:40 PM GMT+7 2 min read SNDK MU NVDA Computer memory specialist Sandisk (NASDAQ: SNDK) stock surged 11.2% Thursday morning after archrival Micron (NASDAQ: MU) crushed analyst forecasts for its fiscal Q3 earnings.
Wall Street had expected Micron to earn $20.78 per share, adjusted for one-time items, on $35.8 billion in quarterly sales. Micron actually earned $25.11 per share, and its sales quadrupled year over year to $41.5 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »