(https://www.marketwatch.com/story/sandisks-stock-is-extending-its-major-rebound-this-is-the-latest-spark-69898f46?mod=mw_rss_topstories) on "positive financial targets" while the broader chip sector gets punished for AI capex overcapacity looks like a textbook contrarian signal: when cyclicals this beaten down start repricing on forward guidance, it usually means the doom consensus has overdone it. The data supports this positioning.

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