Sandisk jumps more than 15% as executives tout growth and contract pipeline
SNDK•Shares jump during investor day
** SanDisk SNDK.O shares soar 17% with the company's investor day still underway and executives outlining long-term growth targets
** CEO David Goeckeler said co remains committed to achieving mid-to-high teens volume growth
Growth outlook and contract value
** Co's market intelligence head said the flash memory market is expected to grow to nearly $500 billion in 2027 from more than $300 billion in 2026
** Expects to collect $93.9 billion in total contract value from eight customers over the life of those agreements
Stock performance and AI demand backdrop
** Sandisk shares have climbed about sixfold in 2026, fueled by optimism that surging AI investment by major technology companies will drive demand for memory and storage products




