Why Sandisk Stock Rallied Today
The chipmaker got a boost from a big deal that could alter the AI landscape.
Overview
Shares of Sandisk (NASDAQ: SNDK) charged sharply higher on Friday, jumping as much as 8.9%. As of 11:02 a.m. ET, the stock was still up 8.5%.
The semiconductor specialist rallied on news of a notable acquisition by an artificial intelligence (AI) peer.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.