Sandisk Stock Drops Amid TSMC Earnings Report

Sandisk (SNDK) stock fell sharply on concerns related to increased capital spending by Taiwan Semiconductor Manufacturing Company (TSM). Despite the negative reaction, analysts suggest that higher chip production at TSMC could boost demand for Sandisk's NAND flash memory chips.

By Rich Smith · Motley Fool ·

Sandisk Stock Drops Amid TSMC Earnings Report

Tickers: $SNDK $TSM

Topics: ai demand nand flash memory semiconductors tsmc investment

Read the full article at Motley Fool

More World news