Sandisk Stock Drops Amid AI-Related Market Dynamics
Sandisk (NASDAQ: SNDK) stock fell 4.7% following a report that OpenAI missed its user and revenue targets in 2025, despite continued high demand for AI chips and memory. Analysts had previously raised their price target for Sandisk due to strong AI-related demand, but concerns over OpenAI's performance have caused a temporary pullback.
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Topics: AI demand analyst ratings OpenAI Sandisk (SNDK) stock price drop