Sandisk's 5% Drop: A Flash of Caution Amid AI Storage Boom
ByAinvest
Friday, Mar 20, 2026 12:33 pm ET1min read
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SanDisk stock fell 5% to $740 despite Q4 revenue of $3.025B, up 61% YoY. The selloff reflects competitive supply concerns from Micron Technology's capital spending plans and profit-taking after SanDisk's 208% year-to-date rally. The company reported strong earnings, with revenue driven by genuine demand acceleration and EPS nearly doubling the analyst consensus.
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