🔴 SanDisk is trading 4.3% down today over potential Apple sourcing from Chinese memory makers

SanDisk is trading 4.3% down at $9.33 as investors continue weighing reports that U.S. policy could allow Apple to source NAND from China’s YMTC and DRAM from CXMT.

• The possibility has raised concerns about pricing pressure and competition across memory-chip suppliers.
• The decline contrasts with a broader memory-sector rebound on August 25, suggesting company-specific competitive concerns remain dominant.