SanDisk falls 2.8% as CXMT DRAM progress hits memory stocks

Finviz+2 · 4 hours ago
SanDisk falls 2.8% as CXMT DRAM progress hits memory stocks
  • SanDisk shares fell 2.8% in pre-market trading on October 13, 2026, after CXMT announced progress in next-generation DRAM architecture and plans for server-grade DDR5 products by late 2026.
  • Stockmoguls reports that CXMT's new 4F² DRAM architecture and DDR5 RDIMM launch plans triggered a global sell-off in memory stocks and pose direct competitive risk to Micron.
  • Stockmoguls attributes SanDisk's decline to market mispricing and ETF-driven selling rather than direct competition from CXMT's DRAM breakthrough, as its NAND business is projected to remain in deficit.
  • SanDisk reports fiscal Q1 2027 earnings on October 29, with analysts expecting $10.7 billion in revenue and $46 per share in earnings.
  • The Fool notes SanDisk's forward P/E of 7 and cautions that memory manufacturers historically have fluctuating profits.