SanDisk announced that demand for its NAND flash chips under long-term deals surpasses its production capacity through the end of the decade, yet its stock dropped over 5% despite a strong fiscal quarter and an 8-for-1 stock split aimed at improving accessibility. The company reported record revenue and margins but investors remain cautious due to the industry's history of fluctuating chip supply and demand. SanDisk's future depends on securing more long-term contracts and maintaining pricing amid rising costs and cautious consumer sales. The next earnings report will be critical to confirm sustained growth and margin stability.
SanDisk shares trade at USD 1,210.02 on Pluang as of Oct 30, 2026, 18:51 WIB, down 9.02% in one day. The stock's market cap stands at $192.23 billion with a 73% sell order activity. Typical holding time for SanDisk on Pluang is 16 days, showing cautious investor behavior despite the company's strong quarter.
Sandisk reported a strong quarter beating revenue and earnings estimates, raised its guidance, announced a $5 billion buyback, and an 8-for-1 stock split. Despite these positives, its shares fell 9%, dragging down other memory stocks like Western Dig...
Sandisk's Q1 earnings surpassed expectations with revenue 3% above estimates and EPS 6.7% higher, supported by an operating margin over 80%. The company's New Business Model contracts, backed by $89 billion in remaining performance obligations and fi...
Memory chip stocks, including Sandisk and Micron, fell about 5% after Samsung Electronics missed profit expectations despite strong AI chip demand. Samsung's quarterly net profit was below estimates, causing a sell-off in memory stocks ahead of Sandi...
Sandisk's stock fell 23% over the past month due to concerns over AI spending but surged 6% following Seagate's strong quarterly report showing 61% revenue growth and robust storage demand. Seagate's CEO highlighted long-term supply agreements throug...
SK Hynix reported a record 632% increase in operating profit for Q3 2026, driving its shares up 8% premarket. The company also announced a $45 billion shareholder return plan, boosting investor confidence. This surge positively influenced other memor...
