Sandisk Stock Drops Amid Reports of Apple Shifting Memory Chip Suppliers

SanDisk stock fell by over 3% following reports that Apple is seeking permission from the U.S. government to bypass purchases of memory chips from SanDisk and Micron in favor of Chinese supplier CXMT, despite a recent price target increase for Sandisk.

By Rich Smith · Motley Fool · June 29, 2026, 16:28 UTC

Tickers: $AAPL $MU $SNDK

Topics: Apple CXMT memory chips Sandisk supply chain

Read the full article at Motley Fool

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