Sandisk Stock Drops Amid Shift Toward Hard Drives Due to AI Trends

Sandisk (NASDAQ: SNDK) stock dropped by 6.1% on May 18, 2026, as Western Digital (NASDAQ: WDC), its former parent company, announced a shift toward developing hard disk drives for an AI-driven future with less demand for NAND memory chips.

By Rich Smith, The Motley Fool Mon, May 18, 2026 at 7:08 PM GMT+3 3 min read · Yahoo Finance · May 18, 2026, 16:08 UTC

Sandisk Stock Drops Amid Shift Toward Hard Drives Due to AI Trends

Tickers: $SNDK $WDC

Topics: AI impact on storage hard drives NAND memory demand Sandisk Western Digital

Read the full article at Yahoo Finance

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