🟢 Sandisk is trading 3.1% up today as investors reassess AI hardware exposure after recent declines

Sandisk is trading 3.1% up now at $1454.18 as investors reassess AI hardware exposure following sharp recent declines tied to valuation concerns and profit-taking in high-momentum semiconductor names.

• The rebound occurs despite ongoing sector pressure from worries regarding NAND oversupply and the impact of China’s CXMT IPO.
• Market participants remain focused on tight NAND supply expectations to support Sandisk fundamentals even as the broader AI chip sector faces volatility.