Chip Stock InvestorPublished 2026-08-10
“SanDisk "Crashed"—Here's Why We're Not Selling”
$SNDKBullish
Holding SNDK long-term; fundamentals intact despite price drop and growth moderation; strong balance sheet and strategic initiatives support value creation.
Even though Sandisk has been quite cool again, the stock has crashed back down to Earth. Folks are in a panic. Let's talk about Sandisk. Here's a look at this chart from fiscal.ai on the stock price.
You can see back in July everyone was in a euphoria stage with Sandisk stock over $2,000 a share. As of this recording, stock's back down to around $1,200 per share.