CXMT is a DRAM only company while SanDisk is a NAND only company, so there is no relation at all in terms of impact to the NAND supply with CXMT's impending IPO.
This is a classic illustration of market's non-logical panic and selling on emotion and not fact.
Movement Alert｜Sandisk Falls 3.12% in After-Hours Trading, Storage Cycle Peak Fears and CXMT IPO Pressure Extend Sell-Off
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