SanDisk drops 3.00% before the market opens, currently at $657.50

SanDisk fell 3.00% before the market, currently trading at $657.50. On the news front, SanDisk disclosed a $1 billion discounted investment in Nanya Technology, raising concerns about cash flow, coupled with Google’s new algorithm compressing KV cache leading to a broad decline in the storage sector, resulting in profit-taking.

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