On September 14, SanDisk Corp. fell 4.96% in pre-market trading, trading at $1,548.28/share, with turnover of $9.85 million, extending a multi-session pullback.

On the news front, Kioxia's CEO publicly stated that NAND prices have \"risen enough\" and instructed sales teams to stop aggressively raising prices for data center clients, directly suppressing expectations for continued storage chip price increases. This stance clashes with Goldman Sachs' recent bullish call on the storage sector, creating a sharp bull-bear standoff. Meanwhile, Bank of America had previously projected an additional 10%-20% upside in September NAND and DRAM spot prices due to supply shortages and seasonal demand, adding to the conflicting signals.

SanDisk Corp. has accumulated over 400% in gains year-to-date, having touched a high of $2,350 in late June. The stock has now retreated approximately 31% from that peak, intensifying profit-taking pressure. The broader storage sector also weakened, with SK Hynix falling 5% and Micron declining 3% during the same session. Technical analysis indicates that despite appearing undervalued on most metrics — including a forward PEG ratio of just 0.19x versus the tech sector average of 1.25x — the stock is forming a bearish breakdown pattern, with near-term risk skewed to the downside.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)