Sandisk stock falls nearly 4% Tuesday on China competition and softer flash pricing, extending Monday's rout

Sandisk stock traded down nearly 4% Tuesday as investors weighed rising competition from China, softer flash-memory pricing and broader weakness across AI-linked semiconductor stocks. The decline follows Monday's sharp selloff that erased about $15 billion in market value. ChangXin Memory Technologies said it made progress on a chip design that packs more memory into a smaller space.

Detected & updated continuously · Source: Nebula