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Sandisk’s unusually strong rebound gained momentum through the session, extending its recovery from last week’s selloff. But the stock remains down 19% over the past 21 trading days, leaving much of the recent decline unrecovered.
A reported legal challenge adds uncertainty to the Louisiana project’s tax costs and returns. SpaceX shares fell 2.3% on normal volume, extending a pullback despite gains in the broader market.
The reported plan would put AMD’s own capital behind its AI infrastructure partnership with Meta, making the investment terms and resulting chip demand important. Shares rose 3.2% as a broader chip-stock rebound continued.