TradingKey – The memory sector recently declined on news that China’s CXMT is advancing a next-generation DRAM architecture. However, CXMT is promoting DRAM products such as server DDR5, whereas SanDisk (SNDK)’s main business focuses on NAND flash, enterprise SSDs, and data center storage solutions, with no direct product substitution between the two.

Market concerns over “intensifying competition in memory chips” may be excessively spilling DRAM risks over to SanDisk’s NAND business. Currently, SanDisk’s stock price is fluctuating near $1,450, hitting a new low since late August.