Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sushree Mohanty

SanDisk Stock Is Caught in the China Chip Selloff. Here’s What Investors Are Missing.

China's latest memory-chip breakthrough has sent SanDisk (SNDK) stock into a tailspin. SNDK stock has surged 447% year-to-date (YTD), but the rally has stalled, with shares down 18% over the past five days as investors brace for tougher competition in the memory space. But the market may be overlooking an important distinction. Not all memory chips serve the same purpose. The new technology from China that is shaking up the market focuses on DRAM, but SanDisk mainly works with NAND flash storage.

That distinction could be getting lost in the selloff. Let's take a closer look.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.