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A rotation into Big Tech, coupled with fears that low-cost Chinese AI models could diminish demand for cloud services and, by extension, chips, has pressured the semiconductor sector this month.
The memory sell-off ran into a forecast it couldn't argue with.
Sandisk went public in February 2025, and just over a year later, the flash memory storage maker’s board of directors approved a plan to buy back shares. The repurchase comes as the company’s shares reached record highs well above its IPO price. Here's what current and prospective Sandisk investors ...
Sandisk stock is up some 470% year to date.
Sandisk stock is up 3,810% since it was spun off last year.
Sandisk has surged past Seagate in quarterly revenue, while Seagate has maintained steady, predictable growth — a tale of acceleration versus stability.
TSMC's latest news is great news for Sandisk.
SanDisk, Western Digital, and Micron are surging for a second straight session as a Bank of America upgrade and a sweeping UBS note collide with one of the heaviest earnings weeks of the summer, and the next data point could flip the entire trade.
These memory and storage stocks have given back some gains recently and could now be more attractively priced options for growth investors to consider.
Memory chip shortages continue to be a problem for most companies.
Anyone can become a millionaire. But it takes an understanding of the S&P 500. An investment of just $170,660 in January in Sandisk would be worth a million today, says data from S&P Global Market Intelligence and MarketSurge.
September S&P 500 E-Mini futures (ESU26) are up +0.57%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.39% this morning, pointing to a higher open on Wall Street as a rebound in chipmakers gained momentum.
Technology stocks were surging early Tuesday but the beaten-down software sector was only enduring more pain as the artificial-intelligence trade sparked back into life. Chip stocks, including Intel, Micron and Marvell were among the biggest risers ahead of the open, along with memory storage names Sandisk and Western Digital.
Sandisk (SNDK) is back in focus after a recent sector wide selloff in chip stocks. Memory names tied to artificial intelligence infrastructure, including Sandisk, swung sharply lower before staging a rebound. See our latest analysis for Sandisk. After surging to very large 1 year total shareholder returns and a 405.36% year to date share price return, Sandisk has recently given back ground, with the 7 day share price return down 16.91% and the 30 day share price return down 36.33%. Even...
The rebound comes after weeks of intense selling, partly due to concerns that hyperscalers would continue investing the massive sums in AI development they had committed at the start of the year.