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SanDisk Plunges 14%: New Product Can't Save Memory Stocks?

SanDisk tumbled 14% despite launching its BiCS10 1Tb TLC 3D NAND chip on the same day, as the memory supercycle sell-off extended into a second consecutive session — Micron fell 5.5% and memory ETF DRAM dropped 7.9%. "Buy the rumor, sell the news" dynamics, combined with AI capex rotation triggered by jobs data, drove profit-taking across the heavily extended memory supply chain. Is this pullback a golden entry point, or the beginning of the supercycle thesis unraveling?

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