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Why Nvidia, Micron, AMD stocks are down pre-market after SanDisk shock

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Why Nvidia, Micron, AMD stocks are down pre-market after SanDisk shock

SanDisk sank more than 9% pre-market after issuing a weaker outlook, dragging AI and memory-chip peers lower. Micron fell 3.3% and AMD dropped 1.9% while Nvidia was slightly lower at 5.30am ET. The move suggests near-term caution across the AI/memory complex tied to expectations for demand and pricing.

Analysis

SanDisk sank more than 9% pre-market after issuing a weaker outlook, dragging AI and memory-chip peers lower. Micron fell 3.3% and AMD dropped 1.9% while Nvidia was slightly lower at 5.30am ET. The move suggests near-term caution across the AI/memory complex tied to expectations for demand and pricing.

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