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Sandisk Stock Falls On In-Line Outlook

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Memory-chip maker Sandisk (SNDK) late Wednesday beat Wall Street’s targets for its fiscal fourth quarter as demand from AI data centers remains strong, but it disappointed with an in-line outlook. Sandisk stock fell in extended trading. The Milpitas, Calif.-based company earned an adjusted $39.25 a share on sales of $8.97 billion in the quarter ended July 3. Analysts polled by…

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