SanDisk (SNDK) in our Pivotal Point Check: From USB Stick to AI Storage – Flash Giant Pulverizes Expectations with 251% Revenue Increase!
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Earnings explosion: Adjusted quarterly earnings of $23.41 per share pulverize estimates. Margins at an all-time high: Thanks to pricing power in enterprise SSDs, the gross margin climbed to an impressive 56%. Index effect & upgrades: The return to the Nasdaq-100 and numerous price target upgrades intensified buying pressure on May 5. SanDisk, which has been back as an independent specialist in flash storage since its spin-off from Western Digital in February 2025, is at the heart of the current AI infrastructure wave. While...
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