TradingKey – As of October 12 Eastern Time, SanDisk (SNDK) fell sharply by 5.97%, closing at $1,487.33 after touching an intraday low of $1,464.43; after falling 4.90% and 1.72% on October 8 and 9, respectively, it has pulled back by about 12% over three trading days. Recently, SanDisk’s stock price has continued to pull back, putting overall pressure on memory sector stocks. The main reason is that after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) disclosed its latest R&D progress in next-generation DRAM technology, the market began to re-evaluate the future competition and supply landscape of the global memory industry, sending memory-related stocks such as Micron, Samsung, SK Hynix, and SanDisk down in tandem.

ChangXin…