Why Sandisk (SNDK) Is Down 8.1% After CXMT’s Blockbuster Shanghai IPO Intensifies Competition Concerns

Why Sandisk (SNDK) Is Down 8.1% After CXMT’s Blockbuster Shanghai IPO Intensifies Competition Concerns

Earlier this week, Sandisk got here below strain after the blockbuster Shanghai IPO of Chinese reminiscence maker CXMT intensified worries about future competitors in world reminiscence and AI-related chip markets. Although CXMT at present focuses on DRAM and Sandisk on NAND flash, investor concern that China might quickly goal NAND raised recent questions in regards…

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A Look At Sandisk (SNDK) Valuation After A Sharp Multi Month Share Price Move

A Look At Sandisk (SNDK) Valuation After A Sharp Multi Month Share Price Move

Find your next quality investment with Simply Wall St’s straightforward and highly effective screener, trusted by over 7 million particular person traders worldwide. Recent efficiency in Sandisk (SNDK) shares has caught investor consideration, with the inventory transferring sharply over the previous month and previous 3 months, prompting a better take a look at its present…

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