Stock Track | SanDisk Corp. Plummets 5.13% Intraday as Samsung and SK Hynix Announce Massive Chip Investment Plans

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SanDisk Corp.'s stock experienced a significant decline of 5.13% during intraday trading on Monday, marking a notable downturn for the storage technology company.

The sharp drop appears to be driven by concerns over intensified competition in the memory chip sector, following announcements from South Korean rivals Samsung and SK Hynix regarding massive investment plans. South Korea has unveiled a record industrial investment plan that aims to double DRAM capacity within five years, with both Samsung and SK Hynix planning to build two new chip plants each.

Further adding to competitive pressures, Samsung and SK Hynix have detailed 48,000 trillion won investment plans targeting high-bandwidth memory (HBM), data centers, and humanoid robots, signaling a significant expansion in their production capabilities that could challenge SanDisk's market position.

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Plummets 5.13% Intraday as Samsung and SK Hynix Announce Massive Chip Investment Plans\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2026-06-29 21:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>SanDisk Corp.'s stock experienced a significant decline of 5.13% during intraday trading on Monday, marking a notable downturn for the storage technology company.</p><p>The sharp drop appears to be driven by concerns over intensified competition in the memory chip sector, following announcements from South Korean rivals Samsung and SK Hynix regarding massive investment plans. 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