On August 25, SanDisk Corp. rose 4.06% in regular trading, trading at $1549.82 per share, with turnover of $2.011 billion. The storage chip sector staged a broad recovery, with Western Digital up 3.23%, Seagate Technology up 3.14%, and SK Hynix gaining over 2%.

On the news front, the storage sector is experiencing an oversold rebound following the previous trading day's sharp decline of nearly 10% for SanDisk. The prior selloff was triggered by Samsung's shareholder return plan falling short of expectations—JPMorgan analysts noted the third-quarter return scale was below consensus and lacked share buyback measures. That negative catalyst combined with SanDisk's current-quarter profit guidance midpoint coming in below some institutional estimates, prompting concentrated profit-taking after the stock had surged over 31% in August prior to the correction.

Following the steep adjustment, technical oversold conditions and sector-wide recovery demand drove the collective pre-market and intraday rebound across memory stocks, with optical communication names also strengthening in sympathy.

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