Sandisk (SNDK) shares were up more than 8% in Tuesday trading after the company and Kioxia unveiled their 10th-generation quad-level-cell, or QLC, 3D flash memory technology.
The technology improves read and write bandwidth compared with the companies' eighth-generation 3D flash memory and is the first QLC 3D flash memory technology to reach a 4.8 Gb/s interface, according to the companies.
Price: $1393.15, Change: $+105.12, Percent Change: +8.16%