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SanDisk posts strong Q2 with $3.03B revenue, driven by AI and cloud NAND demand, forecasts robust Q3 growth.

Analyst Insights
03 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

SanDisk Corporation reported a strong Q2 2026 with revenue of $3.03 billion and a gross margin of 50%, surpassing expectations. The company's data center revenue reached $440 million, fueled by rising demand for NAND chips driven by AI and cloud computing growth. Management projects Q3 revenue between $4.4 billion and $4.8 billion and expects mid-to-high teens annual growth, supported by new AI-focused products and multi-year hyperscaler contracts. This positions SanDisk as a leader in high-end SSD infrastructure with strong future momentum.

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