Sandisk

Sandisk earnings come out this week and these could be crucial to keep the memory stocks rally alive. With it already being down 50% from ATH this could be a volatile one. Sandisk's earnings come out after the bell on Wednesday, August 5th. Now, why are these so important? So much like Micron, important to see how the memory demand really sort of is performing. Now, Kyocera reported yesterday and they were not very good at all. So this will be interesting because like Kyocera, they only do NAND memory, and obviously Micron do NAND and DRAM. So we very interesting to see they're also already down 50% from their all-time highs, 2,380. Now, this is a big drop. Drop 50% is huge. So if earnings are poor, are we going to see another 10 to 20% taken off of Sandisk, incredible considering the sort of 8,000% move over the last few years. So I'm expecting of course, because, you know, Samsung have validated that, um, storage is gonna. The shortages are gonna stay for the next few years. So I'm expecting good. Be a lot of eyes on this earnings report. And if they are bad again, send a shockwave through names like Micro and Nebulous, just sort of the AI. Been incredibly volatile. Expect to see a drop if Sanders do. Is how the market works nowadays. One miss or a cap X increase can affect big tech and a miss from a memory start will undoubtedly affect the next few days. So all eyes will be on Sandisk on Wednesday.