SanDisk, once carried aloft by the twin currents of AI enthusiasm and semiconductor scarcity, now finds itself in the sobering undertow of a market recalibration. NAND flash memory prices are softening as cloud giants pull back on orders and Chinese supply rises to meet demand, quietly dismantling the narrative that had delivered sevenfold gains in a single year. Insider selling into strength adds a human dimension to the data — a quiet signal that those closest to the company may be questioning whether the heights reached were earned or borrowed from the future. The story unfolding in Echo Ha