Top Memory Chipmaker Plunges as Sharp Pullback Extends: How to Play It Sandisk's stock value has plummeted from its all time highs, leaving investors wondering if the AI bubble has finally burst.
The company's impressive returns have been driven by its partnership with customers and massive demand for memory that supports AI inference tasks. However, these deals come with inherent risks.
Sandisk's multiyear supply partnerships lock in demand for its products but also expose the company to potential market fluctuations.