Lucid jumped 8.4% to lead gainers while semiconductor names crashed, with SanDisk tanking 13.4% and Navitas sliding 12% at Thursday's close.
SanDisk :
SNDK
SNDK
Stock Data
$1,354.82
$56.26 (3.99%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
COMPUTER HARDWARE
None
Latest Activity
Tech stocks split wide open as AppLovin and SanDisk cratered over 12% each while Salesforce and fuboTV rallied, exposing which names traders still want to own in a geopolitically volatile market.
Arm, Marathon Digital, and SanDisk all jumped over 10% as semiconductor and AI infrastructure stocks dominated the close. Energy stocks fell, with Exxon Mobil sliding 2.6%.
Cloud and energy rallied while growth stocks crumbled, with Cloudflare up 7.8% and Exxon Mobil up 3.9% as Rivian imploded 16.6% and semiconductor names got hammered.
Rivian and Netflix surge on the close while semiconductor and optical networking stocks crater, with Applied Optoelectronics down 17.35% leading the wreckage.
SanDisk shares tanked 13.69% as flash memory oversupply fears mount, signaling potential cracks in the AI-driven demand narrative that's supported memory stocks all year.
Meta and Palantir surge past 8% as AI optimism sweeps tech, while FuboTV jumps 13% on sports streaming momentum. SanDisk tanks 10.5% in the late selloff.
Chip stocks led Tuesday's close with AMD and ON Semiconductor jumping over 8% and 7% respectively, while consumer plays like Uber and Expedia stumbled.
ON Semiconductor's 22% nosedive dragged semiconductor stocks lower, but retail favorites like fuboTV and Lucid surged double digits to cap the week.
SanDisk surged 20% as memory demand hits record levels, a stunning reversal from retail stalwarts AMC and Duolingo both tanking over 8% in the same session.
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