Sandisk $SNDK recently plunged roughly 18.87% amid a sector-wide semiconductor selloff driven by slowing AI infrastructure spending and a major market correction.


The primary bearish risks weighing on the stock revolve around cyclical memory oversupply, extreme valuation premiums, and heavy reliance on a concentrated group of enterprise hyperscaler customers.
It is now retesting BB mid 1D. If it doesn't hold then $1519 is next.
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