SanDisk Jumps 7% With NASDAQ 100 Inclusion Days Away and AI-Driven NAND Demand at Full Throttle

SanDisk’s stock surge ahead of its Nasdaq‑100 inclusion is creating predictable, mechanical buying pressure that could ripple through index-tracking flows. Inclusion takes effect April 20, with forced purchases by NASDAQ‑100 ETFs and mutual funds already pushing the stock higher (about +7% intraday). A blockbuster earnings report due April 30 — guided to $4.4–$4.8B revenue and $12–$14 adjusted EPS with 65–67% non‑GAAP gross margin — plus accelerating AI‑driven NAND demand (datacenter revenue $440M, +76% YoY) underpin bullish sentiment. Markets should expect elevated short‑term demand and volatility around the inclusion date and earnings, and a potential “sell‑the‑news” unwind after forced buying abates if fundamentals don’t meet expectations.