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Why Sandisk and Western Digital crashed 10% and what it means for bitcoin - CoinDesk

Why Sandisk and Western Digital crashed 10% and what it means for bitcoin - CoinDesk

Strong earnings from Sandisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI winners into crypto.

Sandisk (SNDK) and Western Digital (WDC), two of the biggest beneficiaries of the AI storage boom, were both 10% lower in pre-market trading Thursday, despite reporting strong quarterly results. Sanโ€ฆ [+1055 chars]

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