Shares of SanDisk Corporation tanked as low as 11.2% to $1,416.2 during trading session on Monday, August after reports said that the US is considering a change in policy, which is likely allow Apple to get DRAM chips from China's CXMT and NAND flash memory from YMTC.
This revision is expected to bring a major competitive threat to US -based memory suppliers, reports said.. Following this development, shares of SanDisk and peer Micron Technology fell sharply during pre-market session.
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