India, Aug. 1 -- SanDisk Corporation (NASDAQ: SNDK) ended the latest trading session under pressure as investors reduced exposure to memory semiconductor stocks amid renewed concerns about NAND flash pricing, sector competition and slowing near-term demand. The company's shares closed at $1,214.83 on Friday, July 31, 2026, declining 5.09% or $65.13 from the previous close.

The sharp fall came after a highly volatile period for memory stocks, where investors balanced two opposite forces - strong artificial intelligence-driven storage demand and concerns about whether supply growth could weaken pricing power. SanDisk, which has emerged as one of the major beneficiaries of the AI infrastructure boom, now faces increased scrutiny as traders ...