Sandisk Stock is Falling Sharply. Here's the Price at Which I'd Buy.
Western Digital (NYSE: WD) spun off Sandisk (NASDAQ: SNDK) , one of the world's largest flash memory chipmakers, in Feb. 2025. Sandisk's stock started trading independently at $36 per share, but it eventually soared to a record high of $2,335 per share on June 25, 2026. That rally was driven by the explosive growth of the AI market , which forced data centers to upgrade their servers with faster solid-state drives (SSDs). But as of this writing, Sandisk's stock trades at $835. Let's see why its stock was cut in half -- and if it's becoming too cheap to ignore. Image source: Getty Images. Continue reading