SanDisk and Micron Risk Profit Squeeze from Chinese Memory Threat

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Citi Wealth’s CIO Weekly Bulletin flags a subtle but important shift in the global memory landscape: China’s domestic memory chips are now "gaining international recognition."

While the note does not call out individual companies, the emerging validation of Chinese suppliers represents a competitive risk for incumbent non‑China vendors like Micron Technology Inc. (NASDAQ:MU), SanDisk (NASDAQ:SNDK) and Western Digital Corp. (NASDAQ:WDC).