🔴 Sandisk Corp is trading 10.2% down today as semiconductor and AI selloff intensifies

Sandisk Corp is trading 10.2% down at $1,580.35 following a sharp continuation of this week’s broader technology and semiconductor selloff.

• The decline tracks a wider pullback in high-valuation AI and chip stocks, a trend exacerbated by recent weakness in Broadcom and rising interest rate expectations.
• No company-specific headlines or fundamental changes have emerged for Sandisk Corp to account for the move, suggesting the drop is driven by sector-wide sentiment.