Wells Fargo raised its price target for SanDisk, which is listed on the Nasdaq exchange, noting both companies are chipmakers in the memory market.

The entities involved

• SanDisk →

  American semiconductor company - memory and storage technologies

  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
  • Penguin Solutions and Micron Technology are identified as leaders in the memory solutions market.Mon 06:48
• Nasdaq →

  American fully electronic stock exchange

  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
  • Vanguard Short-Term Inflation-Protected Securities ETF is disclosing its holdings to the SEC and trading on the Nasdaq electronic stock exchange.Mon 16:28
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34

Related events

• SanDisk has outperformed Micron and Dell in stock performance, while Goldman Sachs raised its price target for SanDisk.Jul 14
• Market trends are affecting SanDisk's company performance and outlook due to the current market conditions.Aug 12
• Seagate Technology is listed on Nasdaq, and Morgan Stanley raised its target price for the company.Jun 12
• SanDisk is being discussed in the context of its capital return plans, drawing parallels to Apple's business playbook.Aug 26
• Semiconductor stocks like Nvidia and AMD support Nasdaq strength, but market caution is rising due to hawkish FED policy.Jul 28