Business

Sandisk and Micron Stocks Drop Amid Market Fluctuations

Updated 2026-07-01 18:25 UTC 1 source Negative

Shares of Sandisk and Micron have declined due to market rotation, but supply shortages are expected to limit the extent of losses. Analysts predict that new business models could stabilize revenue in the long term.

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MarketWatch

Sandisk’s and Micron’s stocks sink as the rotation trade builds, but supply shortages should limit losses

Most of Sandisk’s annual revenue could eventually come from its new business model contracts that provide better visibility, BofA said.

2026-07-01 18:17 UTC