SanDisk Corp.'s stock plummeted 8.47% during Tuesday's intraday trading session, reflecting a sharp decline for the memory chip manufacturer.
The selloff was driven by investor concerns about a prolonged conflict in the Middle East, which prompted a broader market retreat from high-flying technology stocks. SanDisk, which had surged 161% year-to-date through Monday's close, was among the hardest hit as Wall Street dumped some of 2026's best performers amid escalating geopolitical tensions.
The downturn also reflected sector-wide weakness in memory chip companies, with multiple industry peers experiencing significant declines during the trading session as risk aversion swept through technology investments.
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