Palantir and Sandisk Stocks Are Down 35% and 25%, But Only One Is a Buy Now

Sandisk (SNDK) and Palantir (PLTR) are both popular AI investments that have pulled back significantly—Sandisk down ~25% from recent all-time highs and Palantir down ~35% from its October peak. Sandisk manufactures NAND memory for data centers, benefiting from tight supply and strong AI-driven demand, with Micron projecting market tightness to continue beyond 2027.

Why it matters: Palantir operates an AI software platform that reported 85% revenue growth in its latest quarter, driven by both government and commercial adoption, and the author concludes only one of the two is worth buying at current levels.