SanDisk Crashed—Here's Why We're Not Selling

SanDisk (SNDK) fell from $2,000 to $1,200 — and investors are panicking. Here's what the fundamentals actually say before you hit the sell button. SanDisk stock crashed hard after its euphoric July run, but at Chip Stock Investor we don't lead with the stock price — we lead with the business. In this SanDisk stock analysis, we break down Q1 fiscal 2027 guidance (still 300–400% year-over-year revenue growth, but moderating), the jump to ~$45 adjusted EPS, and why a debt-free balance sheet plus $4.5B in buybacks signals a healthy pivot toward shareholder returns. We also dig into the technology roadmap — High Bandwidth Flash (HBF) and the new SanDisk/SK hynix spec for Google and Tenstorrent — and the supply chain play behind SanDisk's equity investment in Nanya Technology to bring DRAM in-house. Finally, we cover the real reasons memory stocks are selling off: institutional rebalancing, leveraged unwinds, the memory cycle, and new competition from Yangtze Memory and Solidigm. Is SanDisk a falling knife or an opportunity? Watch and decide with a repeatable process. 🔔 Subscribe for weekly semiconductor and tech stock analysis. 💬 Semi Insider membership → https://chipstockinvestor.com 🎟️Fiscal coupon: https://fiscal.ai/csi/ 🎧: https://podcasters.spotify.com/pod/show/chipstockinvestor 🎥 Watch next — Hyperscaler CapEx: https://youtu.be/9TuZ3YQsM68 0:00 - From $2,000 to $1,200: why this sell-off matters 0:45 - What the charts are telling us 1:00 - The growth is slowing—here's why that's healthy 2:30 - Fundamentals: $45 EPS guide, debt-free, $4.5B in buybacks 5:00 - HBF and the Google/Tenstorrent roadmap 7:15 - Nanya, owning the DRAM supply chain 10:00 - Why memory stocks are really crashing 11:45 - Is SNDK a buy? The risks we're watching 12:45 - Our thesis and why we're still holding If you found this video useful, please make sure to like and subscribe! ******************************************************* Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction! Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. CSI owns shares of Sandisk #SanDisk #SNDK #chipstockinvestor #Semiconductors #Investing