Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings

Aug 6 (Reuters) - Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an ‌industry that has become one of Wall Street's hottest bets this year.

Aug 6, 2026 - 16:00
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Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings
Aug 6 (Reuters) - Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an ‌industry that has become one of Wall Street's hottest bets this year.

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