Sandisk Stock Is Falling Thursday: What's Going On?
Sandisk shares fall nearly 6% as investors brace for earnings amid Chinese memory chip advances and growing AI spending concerns.
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Sandisk stock slips premarket despite strong AI inference demand as management highlights long-term cloud agreements and robust technical trendlines.
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Sandisk shares fall nearly 6% as investors brace for earnings amid Chinese memory chip advances and growing AI spending concerns.
Sandisk falls premarket, breaching key moving averages. Is the uptrend intact? Check key technical support, resistance levels & MACD signals.
Nicholas Mugalli says Samsung, not China, is the bigger memory-chip threat for Micron and SanDisk investors as supply fears rise.
Micron and Sandisk are potentially breaking the cyclical pattern of the memory chip industry by signing long-term contracts with major customers that lock in pricing through 2030-2031. These strategic agreements reduce commodity-like pricing volatility, particularly in DRAM and HBM markets, which could lead to significant stock repricing as investors begin valuing them like regular tech stocks rather than cyclical businesses.
Analyst predicts Micron stock could grow from a $10,000 investment to approximately $42,000 by 2030, driven by surging memory chip prices due to supply-demand imbalance. With expected 106% revenue growth in fiscal 2027, new production facilities opening in 2027-2028, and long-term customer agreements through 2030, the company is positioned for sustained growth as memory prices remain elevated.
The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.