Sandisk is trading 3.1% down at $1560.80 as memory-chip stocks face broad selling pressure.
- Rising Treasury yields are weighing on high-growth technology valuations.
- U.S.-Iran tensions and elevated oil prices are increasing inflation concerns.
- Sandisk’s positive August 18 flash-memory technology announcement with Kioxia does not explain today’s drop; no new negative Sandisk-specific announcement was identified on August 19, 2026.