sandisk

According to CoinGlass data, in the past 24 hours, 10 exchanges have liquidated approximately $803 million in leveraged positions, with long positions accounting for $694 million, representing 86%, affecting a total of 172,100 traders. About $595 million, nearly three-quarters of the total for the day, was liquidated in the last 12 hours, as the South Korean KOSPI index fell by more than 6%, and Bitcoin briefly dropped below $81,000. The largest single liquidation was a $9.65 million Bitcoin long position on Binance, which was forcibly closed at around $81,773, with Binance accounting for half of the total liquidation volume.Bitcoin topped the list with $181 million in liquidations, followed closely by Ethereum with $178 million, despite its market capitalization being much smaller than Bitcoin's; SOL positions lost $60 million, ZEC $24 million, and NEAR $22 million. Stock-related contracts then made the list, with perpetual contracts tracking U.S. storage chip manufacturer SanDisk liquidating $19.09 million, slightly above HYPE's $19.04 million and XRP's $18.78 million. These perpetual contracts allow traders to bet on stock prices without an expiration date on cryptocurrency exchanges, with contracts for SK Hynix, Micron, and the triple-leveraged U.S. semiconductor ETF SOXL also appearing on the heatmap, with SOXL liquidating $7.21 million.The aforementioned losses coincided with a sell-off in the Seoul market, where Samsung Electronics and SK Hynix each fell by about 8%, as the market worried about AI-related valuations and competition from Chinese storage chip manufacturers.

According to Gate market data, U.S. stocks closed on Friday with the Dow Jones Industrial Average initially down 0.19%, the S&P 500 index up 0.16%, and the Nasdaq up 0.39%. SanDisk rose 10.99%, SK Hynix rose 2.46%, Micron Technology rose 3.92%, and NVIDIA rose 1.34%; Qualcomm fell 5.82%, Dell fell 3.3%, and SpaceX fell 1.36%. The Nasdaq Golden Dragon China Index rose 0.78%, Alibaba rose 4.34%, and Baidu fell 0.11%.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.13%, the S&P 500 index down 0.19%, and the Nasdaq down 0.4%.The storage concept declined, with SanDisk down about 6% and Micron Technology down about 3%. Xpeng Motors fell about 3%, with third-quarter revenue guidance below expectations.

According to the official announcement, Gate ETF will launch UNITREE3L/USDT, UNITREE3S/USDT, SNDK5L/USDT, SNDK5S/USDT, SPCX5L/USDT, SPCX5S/USDT, SKHYNIX5L/USDT, SKHYNIX5S/USDT, MU5L/USDT, and MU5S/USDT on August 19 at 12:00 (UTC+8), supporting 3x or 5x long/short UNITREE3L/3S (Unitree Technology), SNDK5L/5S (SanDisk), SPCX5L/5S (SpaceX), SKHYNIX5L/5S (SK Hynix), and MU5L/5S (Micron). Gate ETF currently supports trading of 408 types of tokens.

According to Gate market data, SanDisk (SNDK.O) stock price rose over 10%, Micron Technology (MU.O) increased by 5.6%, SK Hynix (SKHY.O) and Western Digital (WDC.O) rose over 6%.

According to Gate market data, U.S. stocks opened with the Dow down 0.1%, the S&P 500 up 0.1%, and the Nasdaq up 0.16%.SanDisk rose 7%, as the company expects revenue to maintain mid-to-high double-digit growth from fiscal year 2028 to 2030. Western Digital and Micron Technology rose about 4%, while Applied Materials fell 5%.

The Chief Financial Officer of SanDisk stated that it is expected to obtain a total contract amount of $93.9 billion from 8 customers during the contract period, with a Non-GAAP gross margin of approximately 80% for the fiscal years 2028 to 2030, and a Non-GAAP operating profit margin expected to reach about 75%. It is anticipated that the adjusted free cash flow profit margin will remain at 50% for the fiscal years 2028 to 2030. The company stated that in the future, after fulfilling strategic investment and business development needs, it will return 100% of excess cash to shareholders.SanDisk expects that as the storage industry cycle improves and the demand for high-performance computing (HPC) and artificial intelligence infrastructure grows, the company's profitability will further enhance, and shareholder value will be increased through high-margin businesses and capital return strategies. This capital allocation plan shows that SanDisk will prioritize business expansion and strategic investments in the future while returning remaining cash to investors through stock buybacks, dividends, and other means.

According to Gate market data, the Nasdaq index rose by 1%, with SanDisk (SNDK.O) and SK Hynix both increasing by over 4%.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.33%, the S&P 500 index up 0.49%, and the Nasdaq up 0.9%.Storage concept stocks strengthened, with SanDisk (SNDK.O) up 6.9%, SK Hynix (SKHY.O) up 5.8%, and Micron Technology (MU.O) up 5.5%.

SK Hynix announced at the FMS 2026 conference the joint release of the first High Bandwidth Flash (HBF) standard specification with Sandisk, just about 6 months after the establishment of their alliance in February this year. The standard is publicly available through OCP and covers key specifications such as capacity (up to 512GB), bandwidth (divided into three levels, with a maximum of approximately 3.0TB/s), and the use of the UCIe interconnect interface. Google and Tenstorrent have confirmed their participation in the HBF alliance.The HBF technology is positioned as a new storage tier between HBM and SSD, combining HBM-level high-speed transmission with NAND's large capacity expansion capabilities. SK Hynix publicly showcased the 10th generation (V10) 375-layer 4D NAND wafers and products for the first time during the exhibition, achieving a 2.5 times improvement in energy efficiency compared to the previous generation, with mass production expected early next year. During the conference presentation, SK Hynix executives proposed using a "Tiered Memory" architecture to address the data processing challenges of the AI inference era.

According to Gate market data, the Philadelphia Semiconductor Index nearly erased its intraday gains, which had previously risen by about 5%. SanDisk (SNDK.O) fell by about 7%, Micron Technology (MU.O) dropped over 4%, and SK Hynix (SKHY.O) declined over 2%. The Nasdaq Composite Index is currently down about 0.2%.

Coinglass data shows that in the past hour, the total liquidation across the network was $11.0218 million, mainly from short positions.Among them, the liquidation amount for SanDisk in the US stock market was $2.3109 million, the liquidation amount for Changxin Storage reached $0.9345 million, and the liquidation amount for Micron reached $0.8069 million.

According to Gate market data, U.S. stocks closed on Tuesday with the Dow Jones Industrial Average initially rising by 1%, the S&P 500 index up by 0.2%, and the Nasdaq down by 0.2%. SK Hynix fell by 8.98%, and Micron Technology dropped by 8.85%. SanDisk's stock price fell by 14%, down more than 50% from the historical high it reached a month ago.The Nasdaq Golden Dragon China Index closed up by 1.08%, with NetEase rising nearly 3%.

The U.S. stock semiconductor storage sector is showing an overall pullback trend. According to data from the Gate platform, SanDisk (SNDK) is currently priced at $1,279.20, with a 24-hour decline of 10.84%; Micron Technology (MU) is currently priced at $900.98, with a 24-hour decline of 2.08%. Accompanying the sharp price fluctuations of these two assets, the trading activity of derivatives on the Gate platform continues to increase. According to Coinglass data, the 24-hour trading volume of Gate SNDK contracts reached $382 million, with an open interest of $82.2 million; the 24-hour trading volume of Gate MU contracts reached $55.35 million, with an open interest of $21.7 million, both ranking among the top in the network.