Sandisk is trading at $1528.14 (-3.29%) after renewed concerns that slower frontier-AI development could weaken future memory demand.
- Selling is concentrated across memory stocks; the Roundhill Memory ETF is down 7.35%, with peers also declining.
- Anthropic and OpenAI leaders called for a slower pace of advanced AI development, pressuring AI-infrastructure expectations.
- No company-specific announcement was identified.