๐ SanDisk $SNDK and Applied Materials $AMAT each crater ~10% midday โ chip rally cooling?
After semis surged 101% in H1 2026 and added $2 trillion in Q2 market cap alone, SanDisk (SNDK) and Applied Materials (AMAT) are each getting hit for around 10% today with no single headline driving the drop โ just a sharp reversal in hot money. The broader Nasdaq is roughly flat on the day. Not financial advice. Is this a healthy breather or the first crack in the AI chip trade?
โก 53 buzzing
400 views
๐ 0 subscribed