After the sharp decline, SanDisk (SNDK.US) has seen two consecutive gains. Can the financial report confirm the kickoff of the AI storage counterattack?

According to Zhito Financial APP, SanDisk (SNDK.US) experienced a significant decline in stock price last month after its shares had previously surged. The company's financial report released after the U.S. market closed on Wednesday will test whether its strong performance is sufficient to attract investors to buy in again. The stock price of this memory component manufacturer plummeted by 47% in July, with a market value evaporating by over $150 billion, marking its worst monthly performance since its IPO in February 2025. Although the stock remains the best performer in the S&P 500 this year, soaring by 501%, it has retreated significantly compared to a rise of 858% in late June 2026. This week, the stock returned to an upward trend, rising by 6% on Monday and another 11% on Tuesday.