Sandisk Stock Drops Amid Uncertainty Over OpenAI's IPO Timing
On June 26, Sandisk (NASDAQ: SNDK) stock fell sharply after concerns emerged over the potential delay of OpenAI’s IPO. The AI firm is considering postponing its initial public offering to secure a higher valuation, which could impact demand for computer memory and chips from companies like Sandisk.
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Topics: IPO delay OpenAI Sandisk stock crash