On February 24, Citron Research, a well-known short-selling firm, released a report stating that SanDisk's market valuation was too high, si
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On February 24, Citron Research, a well-known short-selling firm, released a report stating that SanDisk's market valuation was too high, similar to NVIDIA, but with a key difference: NVIDIA has a competitive moat, whereas SanDisk sells commoditized products. Following the news, SanDisk's stock price fell more than 5% at the opening. Do you agree with Citron’s view? Subsequently, SanDisk launched its new generation of portable SSD product portfolio. On February 25, when the US stock market opened, SanDisk surged over 2.4%, while related storage concept stocks like Western Digital rose over 9%, and Micron Technology increased by more than 4.3%. In response to Citron’s short-selling, can SanDisk stage a rebound? What is your take on the future of the storage industry?