SanDisk is trading 4% up today at $9.10, rebounding from a sharp two-day slide tied to a broader memory-chip selloff and concerns over Chinese competition.

  • Shares previously fell over 13% on July 16 following news of a major CXMT IPO and worries regarding future Chinese DRAM competition.
  • The current move marks a modest bounce after significant profit-taking, though sentiment remains cautious toward high-valuation AI memory names.