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News 2026-09-11 20:11 UTC

SanDisk Drops Over 3% as Oracle's AI Boom Fails to Lift Memory

SanDisk NASDAQ:SNDK, the flash-memory and data-storage producer, slid approximately 3.5% to $1,632.67 Friday, even after Oracle delivered 121% cloud-infrastructure growth. That contradiction defined the week: AI data centers kept consuming storage, memory supplies remained tight, and investors stil…