SanDisk Corp. (NASDAQ:SNDK) stock declined on Thursday due to a sector-wide profit-taking rotation into AI software and potential risks from Chinese memory supply.

Despite rising more than 800% this year, Sandisk stock still has room to run much higher, a Wall Street analyst says.

Sandisk shares are trading higher Tuesday after Bernstein boosted its outlook on the stock and issued a major price‑target increase.

SanDisk (SNDK) stock dips 4% in premarket trading on profit-taking, but the long-term bullish trend and high analyst targets hold strong.

Micron and SanDisk stocks dropped 8-13% as investors rotated out of AI-linked semiconductor names, but tight DRAM and NAND supply conditions are limiting

SanDisk Corp. (NASDAQ:SNDK) stock declined on Thursday due to a sector-wide profit-taking rotation into AI software and potential risks from Chinese memory supply.

Memory chip stocks like Micron and Sandisk dropped over 6% as the SOXX posted its worst week since April 2025. Here's what drove the selloff and what it