Sandisk (NASDAQ: SNDK) stock sank 6. 6% through 9: 55 a. m. Three months ago, worries about the durability of artificial intelligence demand combined with the threat of new competition in memory chips from China to cut Sandisk's stock price in half . An IPO by ChangXin Memory Technologies, or CXMT -- a Chinese maker of DRAM memory chips -- sparked much of this selling.
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