$SNDK.US SanDisk was among the session’s weakest major technology names as memory and storage stocks sold off following disappointing preliminary results from Samsung.
Investors are increasingly focused on whether strong AI-driven demand can justify elevated valuations and offset future increases in memory supply. SanDisk’s long-term prospects remain tied to expanding data-center storage needs, but Thursday’s decline highlighted the risk of further volatility after a substantial rally.
Investors are increasingly focused on whether strong AI-driven demand can justify elevated valuations and offset future increases in memory supply. SanDisk’s long-term prospects remain tied to expanding data-center storage needs, but Thursday’s decline highlighted the risk of further volatility after a substantial rally.