SanDisk is trading 6.56% down at $9.12 on October 14, 2026, as memory-sector concerns over Chinese chipmaker CXMT’s progress weigh on the shares.
- CXMT has advanced denser memory architecture and plans server-memory products by year-end.
- Its announced product is DRAM, while SanDisk primarily makes NAND flash and SSDs, so the concern is not clearly company-specific.
- Broader market weakness may also add pressure.