Sandisk Stock Plunges Amid Uncertainty Over OpenAI's Delayed IPO
Shares of Sandisk dropped sharply on Friday due to concerns over a potential delay in OpenAI’s initial public offering (IPO), which could impact future spending on computer memory and chips. The stock had already fallen 22% the previous day following Micron Technology’s strong Q3 earnings report.
Topics: IPO delay Market reaction OpenAI Sandisk