Stock Movers

Weekly Roundup: SanDisk Soars, Intel Rallies, Homebuilders Gain

Jan 9, 2026
Jordan Fitzgerald, an equity supporter at Bloomberg News, dives into the weekly stock movers and offers keen insights on market trends. He highlights SanDisk's impressive 22% surge linked to Nvidia’s new products and the growing demand for AI storage solutions. Fitzgerald also discusses how President Trump's backing significantly boosted Intel's stock by 11%, and touches on Builders FirstSource's 19% rise following government plans to purchase mortgage bonds, aiming to lower housing costs. A fascinating look at market dynamics awaits!
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INSIGHT

AI Demand Powers Memory And Storage Rally

  • Memory and storage stocks are rallying as investors race to supply AI hardware needs.
  • Jordan Fitzgerald notes physical AI components like memory, storage and chip equipment are outperforming.
INSIGHT

SanDisk's Rapid Comeback And Windfall

  • SanDisk exploded after recovering from a poor prior year and benefiting from renewed AI-related demand.
  • Tim Stenovec and Jordan Fitzgerald highlight the stock's huge run and rapid gains since listing in 2025.
INSIGHT

Political Voice Can Move Chip Stocks

  • Presidential attention and government ownership can sharply move a company's shares, as seen with Intel.
  • Trump praising Intel and meeting CEO Lip-Bu Tan coincided with a double-digit weekly gain for the chipmaker.
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