Why Is Sandisk (SNDK) Stock Down 5.97% Today, Oct 12? CXMT’s DRAM Advance Sparks Memory-Sector Selloff

Sandisk (SNDK) fell 5.97% to $1487.33 on October 12, 2026, as CXMT's reported DRAM advance coincided with a broad memory-sector selloff. This draft covers the sector read-through, the earlier AI-demand concern, and the technical levels that frame the next session.