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Leveraged ETFs tracking SanDisk Corp. (NASDAQ: SNDK ) tumbled sharply after the memory-chip maker’s latest earnings report, highlighting the downside risks of single-stock leveraged funds when lofty investor expectations collide with cautious guidance. The Leverage Shares 2X Long SNDK Daily ETF (BATS: SNDG ) fell 10.8%
SanDisk Corp. (NASDAQ: SNDK ) said artificial intelligence is fundamentally changing how it works with customers, with CEO David Goeckeler describing a shift from short-term pricing negotiations to long-term strategic partnerships as demand for AI infrastructure accelerates. From Quarterly Price Talks To Long-Term Stra