Poging GOUD - Vrij
Sandisk stock soars 25% after Nvidia CEO highlights need for storage
The Straits Times
|January 08, 2026
Sandisk shares jumped as much as 25 per cent on Jan 6, hitting a record in their best intraday performance since February, after Nvidia chief executive Jensen Huang highlighted the need for memory and storage in comments at tech conference CES 2026.
-
The stock is on a tear, leaping more than 40 per cent in the first three trading sessions of 2026 and soaring roughly 1,050 per cent since hitting a low on April 22, 2025. It was the best performer in the S&P 500 Index on Jan 6, followed by memory and storage companies Western Digital and Seagate Technology Holdings, both of which are posting double-digit percentage gains.
Dit verhaal komt uit de January 08, 2026-editie van The Straits Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Straits Times
The Straits Times
The 'smell' things matter for China's luxury car brand Hongqi
One whiff of the plush leather-lined cabin of the lilac-coloured sport utility vehicle (SUV) will tell you exactly where Hongqi sits in the automotive kingdom.
4 mins
January 10, 2026
The Straits Times
The rise and fall of Chinese tycoon Chen Zhi
For years, well-connected but mysterious tycoon Chen Zhi lived the high life.
7 mins
January 10, 2026
The Straits Times
Arsenal in a really strong position, says Arteta
Arsenal manager Mikel Arteta said the Gunners have come out of a gruelling festive schedule in a stronger position despite the disappointment of being held 0-0 at home to Liverpool on Jan 8.
2 mins
January 10, 2026
The Straits Times
CAN UNITED STOP THE MANAGER-GO-ROUND?
Here we go, again.
7 mins
January 10, 2026
The Straits Times
Cambodia hopes for more Chinese support after alleged scam kingpin's extradition
Move reflects extent to which country finds itself backed into a corner in border conflict
4 mins
January 10, 2026
The Straits Times
Man who smuggled cigarettes, vapes into Singapore jailed and fined
A man who smuggled vapes and cigarettes into Singapore to sell to his friends was caught red-handed at Woodlands Checkpoint during a check by officers.
1 min
January 10, 2026
The Straits Times
A tale of two cities, two Isetans and a retail conundrum
Why is Isetan thriving in Tokyo while consolidating in Singapore? Its story holds lessons for all department stores.
7 mins
January 10, 2026
The Straits Times
Hwa Chong says no students penalised for voicing opinions on SATS school meals
Hwa Chong Institution (HCI) has refuted a claim made on social media platform Reddit that its students were punished for speaking to the media about their canteen food.
2 mins
January 10, 2026
The Straits Times
China urges Nestle to work quickly on baby formula recall
BEIJING - The Chinese authorities are urging Nestle to work quickly in recalling baby formula products in the mainland over potential contamination concerns.
2 mins
January 10, 2026
The Straits Times
Public feedback sought on proposals to facilitate dual listings on SGX, Nasdaq
Paper sets out proposed changes to simplify listing process, bring it closer to US standards
3 mins
January 10, 2026
Listen
Translate
Change font size