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Example: Sandisk Corporation (SNDK)

Why the Market Moved Today

2026-10-02AI summary
  • Chip and chip-equipment earnings and guidance split the group between beats and soft outlooks.
  • Capital returns and dividend news rewarded investors in semis.
  • Tesla rose on reports TSMC may work with Elon Musk's Terafab project in Texas.
  • NAND supply commentary pulled Sandisk lower even as Citi called supply tight through 2028.

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