SanDisk extended after-hours gains by nearly 3%, while ADRs of Micron Technology and SK Hynix rose over 1% each; AAOI extended its advance by more than 2%.
1 hours ago
According to market data from BIT (bit.com), SanDisk extended its gains by nearly 3% in after-hours trading, following a more than 7% rally last Friday. Last week, SanDisk set mid-to-high double-digit revenue growth targets, announced plans to return 100% of its excess cash to shareholders, signed a $93.9 billion long-term agreement, and revealed its HBF samples are scheduled to debut in 2027. In the storage sector, Micron Technology and SK Hynix ADRs rose over 1%. Optical communications concept stock Applied Optoelectronics (AAOI) extended its after-hours gains by more than 2%, having surged over 15% last Friday.
Alphabet is considering issuing its first Australian dollar-denominated bond, with debt financing emerging as a core funding source for its AI infrastructure expansion.
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Whale 0x8447 withdraws 5,300 $ETH ($9.98M) from Kraken
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