Why Sandisk Stock Tumbled 47% in July

Sandisk stock fell 47% in July amid a broader sell-off in memory and AI infrastructure sectors. Investor concerns about hyperscaler overspending on capital expenditures, China's new AI model launch, competition from emerging Chinese memory chip companies, and SK Hynix missing earnings estimates all contributed to the decline. Despite the volatility, analysts expect Sandisk's profits to continue climbing through next year.