SanDisk Under Pressure from China's DRAM Surge | Business and Finance News

SanDisk’s stock took a hit as China’s CXMT, a DRAM giant, surged 400% in its Shanghai IPO—valued at nearly half a trillion dollars. Though CXMT doesn’t compete directly with SanDisk’s NAND flash, the market’s reaction signals growing Chinese dominance in memory chips, sparking fears that SanDisk’s 70% profit margins may face future pressure from rising global competition. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4048ee56fe079ede