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SanDisk shares jump after Jensen Huang's CES remarks, dubbed NumberHuang
Summary
SanDisk shares rose 28% after Nvidia CEO Jensen Huang highlighted demand for memory and storage at CES, extending a rally that had already lifted the stock sharply earlier in 2026.
Content
SanDisk shares rose sharply after Nvidia CEO Jensen Huang spoke about the need for memory and storage at the CES technology conference. The piece reports a 28% one-day gain described as the stock's best performance since February. It also notes a larger recent run for the stock, with gains in the first trading days of 2026 and a large increase since an April low. The article situates the move within broader recent demand and price rises in computer memory and storage.
Key facts:
- SanDisk shares increased 28% on the day after Jensen Huang's CES comments, according to the article.
- The stock had jumped more than 47% in the first three trading sessions of 2026 and rose about 1,080% since its low on April 22, as reported.
- The article reports that prices for RAM and solid-state drives have risen in recent months.
- Companies such as SanDisk, Western Digital and Micron are mentioned as beneficiaries of the pricing and demand trends.
- The article quotes market commentator Mike O'Rourke of JonesTrading in an end-of-day summary.
Summary:
The article presents the SanDisk price move as linked to both an ongoing sector-wide increase in memory and storage demand and to public remarks by an industry executive. Undetermined at this time.
