Veytics Intelligence
2026-09-14 · NASDAQ

Why Sandisk Stock Crashed Today

Key Points AI chip stocks tumbled amid calls by prominent CEOs to slow AI development. Sandisk has benefited greatly from the ongoing AI revolution. The stock is attractively priced. 10 stocks we like better than Sandisk › Shares of Sandisk (NASDAQ: SNDK) were sharply lower on Monday, tumbling as much as 7.9%. As of 10:51 a.m. ET, the stock was still down 5%. The semiconductor specialist plunged on calls for a slowdown in the development of artificial intelligence (AI) from an unlikely source. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.

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