Pivotal Point Tracking SanDisk (SNDK): Margins of up to 80% - Storage Media Giant Benefits from Huge AI Data Center Demand
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SanDisk develops flash memory, solid-state drives (SSDs), and storage solutions for data centers, smartphones, and PCs. In the fourth quarter of fiscal year 2026, revenue jumped 372% compared to the previous year to $8.97 billion. The adjusted earnings per share rose to $39.25. Particularly, the data center business grew rapidly as hyperscalers drastically expand their capacities. SanDisk is among the leading providers of innovative NAND flash technologies worldwide. The storage specialist directly benefits from the global boom in AI servers and...
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