Sandisk is trading 3.6% down at $1,552.37 as investors react to a sharp pullback in memory-chip and DRAM stocks amid broader weakness in large-cap tech.
- Heavy AI-related capital expenditure from major tech names like Alphabet and Tesla is raising concerns about near-term profitability for chip suppliers.
- The shift in sentiment is creating sector-wide pressure on AI infrastructure plays, impacting the broader semiconductor industry.