TradingKey - Following the market close in Tokyo on July 31, Japanese NAND flash giant Kioxia announced a stock buyback plan of up to 800 billion yen (approximately $5.15 billion) concurrently with the release of its first-quarter earnings for fiscal year 2026. The company intends to repurchase up to 30 million shares, representing 5.5% of its outstanding shares.

TradingKey12 hours ago

Why SanDisk Stock Dropped 50% From June Peak Amid AI CapEx Doubts, Rising Chinese Competition

TradingKey - Following a significant rally in the first half of the year, SanDisk (SNDK) share prices have recently entered a phase of deep correction.

TradingKeyFri, Aug 7

SanDisk $1,000 Mark at Risk as Sell-off Resumes After Earnings

SanDisk shares tumbled 11% following its earnings report, as the $1,000 mark faces another test.

TradingKeyThu, Aug 6

【US Pre-Market】Memory Chip Stocks Tumble as AI Capital Spending Concerns Rise; Western Digital Falls Over 16%, SanDisk Drops Over 10%

TradingKey - As of Thursday (August 6) ET, futures for the three major US stock indices showed mixed performance in pre-market trading. Dow and S&P 500 futures edged higher, while Nasdaq 100 futures remained under pressure as the market continued to digest pullback pressures following AI capital expenditures, chip stock valuations, and earnings reports in the memory sector. Investors are also awaiting data on initial jobless claims, Q2 non-farm productivity, and unit labor costs to assess the latest shifts in US employment and inflationary pressures.

TradingKeyThu, Aug 6

US Storage Stocks Fall as SanDisk, Western Digital Guidance Disappoints

SanDisk and Western Digital reported earnings that exceeded expectations, but weak guidance led to a sharp decline in their share prices, weighing on other storage stocks.

TradingKeyThu, Aug 6

SanDisk Stock Price Forecast: Shares Fall 8% Despite Revenue Surge; Can AI Storage Demand Drive Further Gains?

TradingKey - As of August 5, Eastern Time, SanDisk (SNDK) released its fourth-quarter fiscal results after the U.S. market close. Although the company’s fourth-quarter performance significantly exceeded market expectations and its AI data center business maintained high-speed growth, SanDisk's shares experienced profit-taking, plunging 8% in after-hours trading. The decline follows a period where the market had already priced in expectations for AI storage growth, leading to excessive cumulative gains, while next-quarter guidance failed to fully meet the expectations of some investors.

TradingKeyThu, Aug 6

SanDisk Shares Fall 8% as Outlook Misses Estimates Despite Record Q4 Results

TradingKey - SanDisk (SDNK) delivered its strongest financial results since its spin-off listing, but the capital market's reaction was the exact opposite.

TradingKeyThu, Aug 6

SK Hynix Drops Over 8%, Samsung Falls Nearly 6% as Korean Memory Giants Face Renewed Selloff

TradingKey - During the Asian session on August 6, South Korean stocks experienced panic selling, with the KOSPI Index plunging as much as 5%, triggering the exchange's "sidecar" mechanism to suspend programmatic sell orders.

TradingKeyThu, Aug 6

Today’s Market Recap：ADP Misses, Stagflation Fears Rise; SanDisk & WDC Plunge After-Hours; Gold Back Above $4200

TradingKey - On August 5, Eastern Time, U.S. stocks closed mixed at the close of trading, with the Dow Jones Industrial Average rising while the Nasdaq and S&P 500 closed lower. The Dow Jones Industrial Average rose 0.49% to 54,349.12; the Nasdaq Composite fell 0.83% to 26,363.44; and the S&P 500 fe

TradingKeyThu, Aug 6

SanDisk Fiscal Fourth-Quarter Revenue Beats Estimates, Rising 372% to $8.965 Billion

On August 5, Eastern Time, SanDisk (SNDK) released its fourth quarter fiscal year 2026 earnings report during US after-hours trading. Following the results, SanDisk's stock price at one point fell more than 8%. As of press time, the gain narrowed to around 4%, trading at $1,287.67.

TradingKeyWed, Aug 5

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