Sandisk Corporation, newly independent from Western Digital, reported nearly triple revenue growth and an 84.6% non-GAAP gross margin in fiscal 2026. This strong performance is fueled by high demand in AI infrastructure and datacenters, which has boosted pricing power and profitability. The company secured multiyear agreements covering over half its shipments, reducing earnings volatility and enhancing visibility. Despite robust capital returns and a net cash position, risks include NAND supply challenges and dependence on Kioxia.
Memory stocks, including SanDisk, Western Digital, and Micron, are experiencing sharp declines, with SanDisk down 8%, Western Digital 7%, and Micron 6%. The selloff is driven by concerns over increased competition from Chinese memory makers and worri...
Sandisk Corporation posted a 51% quarter-on-quarter revenue increase to $8.97 billion and an 83% rise in earnings per share to $39.25 in Q4 2026, surpassing analyst expectations. The company benefits from multi-year contracts with hyperscalers and a ...
Sandisk's shares have dropped about 9% recently due to worries over AI infrastructure demand and competition from China. However, supply shortages in NAND memory are expected through 2028, supporting growth. Enterprise customers and regulatory factor...
Elon Musk's comments during SpaceX's Q3 earnings call about rapidly expanding AI computing capacity sparked a premarket rally in chip stocks including NVIDIA, Intel, and SanDisk. Musk expects to increase SpaceX's AI compute power to 2.5-3 gigawatts b...
In Q3 2026, CrowdStrike saw significant revenue growth through its flexible software subscriptions and expanding services like AI-driven threat intelligence. Microsoft reported a 16% stock jump following strong earnings driven by accelerating Azure a...
