On September 14, Tradr 2X Long SNDK Daily ETF fell 8.51% overnight, trading at $13.86/share, with turnover of $828,400. As a 2x leveraged long product tracking SanDisk, the ETF amplified the underlying stock's approximate 3.94% overnight decline.

On the news front, Kioxia's CEO publicly stated that NAND prices have \"risen enough\" and instructed its sales team to stop aggressively raising prices for data center clients, directly suppressing expectations for continued storage chip price increases. This stance stands in contrast to Goldman Sachs' bullish research report on the storage sector, creating a notable bull-bear standoff. Meanwhile, SanDisk management indicated at a Goldman Sachs technology conference that long-term NAND supply remains tight and AI inference demand continues to expand, but near-term headwinds persist.

SanDisk's year-to-date gain exceeds 400%, having touched a high of $2,350 in late June. The storage sector weakened broadly last week, with SanDisk posting three consecutive sessions of losses as heavy profit-taking and NAND price peak expectations continued to pressure the stock.

(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.)