FlyingArrowz
07-02

Please rise up goddess 

SanDisk Crashes 12.6% to Lead Storage Rout — Can the Memory Supercycle Be Trusted?
SanDisk (SNDK) collapsed 12.63%, breaching $1,700, emerging as the hardest-hit name in the storage selloff. The chain reaction from SK Hynix's plunge dragged down semiconductor equipment stocks including Nova, Teradyne, and Kulicke & Soffa. SNDK had surged to record highs on memory supercycle euphoria, with Goldman Sachs issuing a lofty price target — now profit-taking is fierce. With the 'strongest memory rally ever' turning into a stampede within a week, is SanDisk's 12.6% drop a buying opportunity or confirmation that the supercycle has peaked?
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