Here’s Why Sandisk Corporation (SNDK) is on Detractor’s List of BlackRock Science and Technology Term Trust

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A copy of the letter can be downloaded here. The BlackRock Science and Technology Term Trust (BSTZ) is a closed-end fund focused on investing in the technology sector. In Q3, the fund returned 10.1% on market price and 11.6% on net asset value (NAV) compared to the MSCI Custom ACWI SMID Growth IT Call Overwrite Index’s 15.2%. During the quarter, the trust adjusted its investments in the technology sector to align with changing market conditions and emerging opportunities. Additionally, please review the fund’s top five holdings to see its leading picks in 2025.In its third-quarter 2025 investor letter, BlackRock Science and Technology Term Trust highlighted stocks such as Sandisk Corporation (NASDAQ:SNDK). Sandisk Corporation (NASDAQ:SNDK) is a data storage device and solutions provider using NAND flash technology. The one-month return for Sandisk Corporation (NASDAQ:SNDK) was 18.94%, and its shares gained 117.69% of their value over the last three months. On December 29, 2025, Sandisk Corporation (NASDAQ:SNDK) stock closed at $244.25 per share, with a market capitalization of $35.8 billion.BlackRock Science and Technology Term Trust stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its third quarter 2025 investor letter:"As macroeconomic factors, particularly related to trade tensions and tariffs, impacted the technology sector broadly, it had a notably adverse effect on large global hardware companies with complex supply chains and multinational product pipelines. As such, sector allocation to the semiconductors subsector and security selection within the hardware subsector were the largest detractors to relative performance over the period.SAP SE (SAP)’s Strategic Pivot Drives Optimism - JPMorgan Reaffirms Overweight RatingSandisk Corporation (NASDAQ:SNDK) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 61 hedge fund portfolios held Sandisk Corporation (NASDAQ:SNDK) at the end of the third quarter, up from 49 in the previous quarter. While we acknowledge the potential of Sandisk Corporation (NASDAQ:SNDK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,954.25 -0.75 (-0.01%)Dow Futures48,755.00 +6.00 (+0.01%)Nasdaq Futures25,736.25 -3.50 (-0.01%)Russell 2000 Futures2,541.00 +4.80 (+0.19%)VIX14.50 +0.30 (+2.11%)Gold4,414.60 +71.00 (+1.63%)Trending tickersRARE Ultragenyx Pharmaceutical Inc. 19.72 -14.47 (-42.32%)BNAI Brand Engagement Network, Inc. 2.5050 +1.3050 (+108.75%)MREO Mereo BioPharma Group plc 0.2854 -2.0246 (-87.65%)CETX Cemtrex, Inc. 2.1100 -0.1700 (-7.46%)EKSO Ekso Bionics Holdings, Inc. 5.46 -0.10 (-1.80%)PortfolioSign in to access your portfolioSign inTop gainersPRAX Praxis Precision Medicines, Inc. 304.58 +35.63 (+13.25%)RGC Regencell Bioscience Holdings Limited 23.48 +2.32 (+10.96%)DBRG DigitalBridge Group, Inc. 15.26 +1.34 (+9.63%)BLTE Belite Bio, Inc 165.29 +10.36 (+6.69%)PSNY Polestar Automotive Holding UK PLC 18.66 +1.12 (+6.39%)Top losersSBSW Sibanye Stillwater Limited 14.20 -1.50 (-9.55%)BRBR BellRing Brands, Inc. 27.33 -2.83 (-9.38%)DJTWW Trump Media & Technology Group Corp. 7.38 -0.74 (-9.11%)DRD DRDGOLD Limited 30.54 -2.79 (-8.37%)HMY Harmony Gold Mining Company Limited 19.95 -1.79 (-8.23%)Most activeNVDA NVIDIA Corporation 188.22 -2.31 (-1.21%)DBRG DigitalBridge Group, Inc. 15.26 +1.34 (+9.63%)NIO NIO Inc. 5.34 +0.24 (+4.71%)PLUG Plug Power Inc. 1.9700 -0.1000 (-4.83%)TSLA Tesla, Inc. 459.64 -15.55 (-3.27%)Top economic eventsEarnings eventsMy earnings eventsEarnings events