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Sandisk drops 6% as $1 billion Nanya bet splits investors

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Sandisk shares fell roughly 6% in Wednesday morning trading after the company announced a $1 billion strategic equity investment in Nanya Technology, a Taiwanese memory chip manufacturer. The move is designed to lock in long-term memory sourcing as the sector grapples with persistent supply constraints, but investors are sharply divided on whether the logic behind […]

The postSandisk drops 6% as $1 billion Nanya bet splits investorsappeared first onRolling Out.

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