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Why Sandisk Stock Dropped on Monday

The Motley Fool·
Why Sandisk Stock Dropped on Monday

Sandisk stock fell 6.6% on Monday following news that Chinese memory chip maker CXMT made progress on advanced DRAM technology for AI data centers. However, analysts note that Sandisk specializes in NAND memory, not DRAM, limiting direct competition. Additionally, CXMT's chips are not cheaper than Korean or Western alternatives, reducing the competitive threat.

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