
SanDisk (SNDK) Stock Extends Pullback As AI Memory Rally Catches Its Breath
Sandisk Corporation (NASDAQ:SNDK) shares are down on Friday as the stock pulls back following a remarkable run that has seen it surge over 1,200% since January 2025. Friday’s weakness appears driven more by profit-taking and stretched valuations than by any abrupt change in the company's fundamentals. Here’s what investors need to know.SanDisk stock is taking a hit today. What’s pressuring SNDK stock?AI-Driven Memory Shortage Still Backs The SNDK StorySanDisk helped commercialize NAND flash memory used in USB drives, SD cards, smartphones and solid-state drives. Over the past decade it has pivoted toward higher-value enterprise SSDs and custom flash for hyperscale cloud and AI data centers. Those customers are still absorbing huge amounts of high-performance memory, with DRAM prices up as much as 50% and NAND prices climbing more ...Full story available on Benzinga.com









