SanDisk and Western Digital Shares Drop 10% Despite Strong Earnings

Shares of SanDisk and Western Digital fell roughly 10% even after the companies reported strong quarterly earnings, disappointing investors who had expected more. The sell-off has prompted analysts to question whether capital may be shifting away from artificial intelligence-related stocks. Some observers suggest this rotation could benefit alternative assets, including bitcoin and the broader crypto market. The development highlights growing uncertainty around AI sector valuations and where investors may deploy funds next.