---
title: "BUZZ-Sandisk rises after memory chipmaker to join Nasdaq-100"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282515286.md"
datetime: "2026-04-13T09:12:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282515286.md)
  - [en](https://longbridge.com/en/news/282515286.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282515286.md)
---

# BUZZ-Sandisk rises after memory chipmaker to join Nasdaq-100

Sandisk (SNDK.O) rises 1.5% to $864.1 premarket

Set to join Nasdaq-100 index (.NDX) , effective before markets open on April 20, replacing enterprise software developer Atlassian (TEAM.O)

TEAM eases 0.4%

NDX comprises 100 largest listed non-financial companies

Jefferies raises PT on SNDK to $1,000 from $700, among highest on Wall Street, per data compiled by LSEG

Expects ongoing long-term contract negotiations, relentless AI demand to push memory chip prices higher, which could be positive for Sandisk’s earnings

As of last close, SNDK up more than 258% this year; stock surged more than 2,300% since listing on February 2025

Memory-chip makers SNDK, Western Digital (WDC.O) , Micron (MU.O) rallying since last year on staggering demand for hard drives in global race to scale AI-related infrastructure

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