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SanDisk (SNDK) Stock; Plunges 14% as China NAND Threat Wipes Out $49B Market Value

By Newton Kitonga at 2026-10-13 13:32

Sentiment: Negative

TLDRs; SanDisk shares plunged as investors feared rising Chinese NAND competition could pressure future margins. The two-day selloff erased nearly $49 billion in market value despite strong earnings guidance. China’s semiconductor expansion raised concerns over NAND supply growth and pricing pressure. Investors now await SanDisk’s earnings report and outlook for future AI-driven demand. SanDisk Corporation [...] The post SanDisk (SNDK) Stock; Plunges 14% as China NAND Threat Wipes Out $49B Market Value appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks #Memory Chips #NAND Flash #Sandisk #SNDK stock

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