Last week, Oracle (ORCL) lost 12.9% of its value, closing at prices not seen since June 2025. The sharp reversal in sentiment to the downside spread to three technology stocks.
First, Sandisk (SNDK), an NAND-based storage supplier, lost 14.66% on December 12. The stock is in sale territory as it risks re-testing the $200 support zone. At a Barclays global technology conference on Dec. 10, the firm discussed strong demand for DRAM and HBM. Accelerators need both chip types. However, predictions on NAND demand tend to be a little trickier.
SNDK stock is up by 473% in 2025, so investors might want to wait for the stock to settle in the $150 - $200 range before considering a position.
Broadcom (AVGO) dropped by 11.43% last Friday. Despite posting strong results, sellers sold their position aggressively. In the first quarter, the firm is targeting revenue of approximately $19.1 billion, up 28% Y/Y. In the semiconductor segment, revenue will grow by 50% Y/Y to $12.3 billion. However, gross margin will fall by 100 basis points sequentially. Unusually, the firm cited a higher mix of AI revenue for the lowered forecast.
Lastly, Corning (GLW) lost 7.97% last Friday. That drop ended its six-session rally (between Dec. 4 and Dec. 11). Despite the pullback, GLW stock is entering a more attractive zone for investors who missed this year’s rally.
