The new Powerhouse of AI Infrastructure

Explosive profit development: With a projected earnings increase to up to $14 per share in the next quarter, the fundamental results are growing significantly faster than the already sharply rising stock price.
David Engelhardt
tz-plus logo
D. Engelhardt
Reading Time: 2 minutes

The latest quarterly report from Sandisk marks a turning point for the company and positions its stock as one of the main beneficiaries of AI. With a revenue surge to over $3 billion and a profit increase to $803 million compared to the previous year, Sandisk has not only exceeded Wall Street's expectations but has outright crushed them. Particularly impressive is the growth in the data center sector, where revenue alone increased by 64% compared to the previous quarter. This momentum highlights that the demand for high-performance NAND storage...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In