On June 4, SanDisk fell 5% in regular trading, trading at $1731.39/share, with trading volume of $1.774 billion. The decline came amid a broad selloff in AI chip stocks driven by two key catalysts: Broadcom's revenue missing market expectations and rising inflation concerns weighing on sentiment.

Broadcom plunged over 15% during the session after reporting disappointing revenue figures, triggering a chain reaction across the semiconductor space. Meanwhile, the Bank of Japan's potential rate hike in June has added pressure on growth-oriented AI and chip stocks, with SoftBank Group tumbling over 11% and erasing more than 5 trillion yen in market value in a single session. Analysts noted that monetary policy tightening poses particular headwinds for high-growth technology names.

Within the Technology Hardware, Storage & Peripherals sector, the overall tone was negative. Among individual stocks, Apple up 0.6%, Dell Technologies down 4.33%, Western Digital down 3.42%, Super Micro Computer down 2.84%, Seagate Technology down 5.4%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)