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Sandisk

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SanDisk unveils its fastest portable SSD lineup, led by a 4,000 MB/s PRO option
technology23 hours ago

SanDisk unveils its fastest portable SSD lineup, led by a 4,000 MB/s PRO option

SanDisk announced its fastest portable SSD lineup, headlined by the Extreme PRO Portable SSD with up to 4000 MB/s read and 3800 MB/s write (likely USB4), available in 2TB, 4TB and 8TB with IP65 protection and 3-meter drop resistance; a mid-range Extreme Portable SSD tops out at 2000 MB/s with 1–4TB options, and an entry-level SanDisk Portable SSD offers up to 1000 MB/s (USB 3.2 Gen 2). All are slated for the second half of 2026, with pricing including 1TB Extreme Portable at $259.99, 2TB at $459.99, and 4TB at $919.99 (and a 500GB option later).

WD monetizes SanDisk stake via $3B swap, triggering Sandisk share slump
business10 days ago

WD monetizes SanDisk stake via $3B swap, triggering Sandisk share slump

Western Digital confirmed plans to monetize its SanDisk stake through a debt-for-equity swap totaling over $3 billion, continuing the unwind of their split flash business; SanDisk stock dropped sharply, with after-hours losses over 8%, though SanDisk says it is not selling stock. WD also signaled about $4 billion in share buybacks and a plan to unload the remaining Sandisk stake, a move WD had telegraphed ahead of the spin-off’s February anniversary.

AI-Driven Memory Boom Lifts Sandisk Stock
business25 days ago

AI-Driven Memory Boom Lifts Sandisk Stock

Sandisk’s shares surged in January as AI-driven demand boosted NAND prices and investor sentiment. The company posted solid Q2 results (revenue around $3.03 billion and adjusted EPS of $6.20) and guided Q3 revenue of $4.4–$4.8 billion with EPS of $12–$14, helping analysts raise price targets. A persistent memory shortage and rising prices, fueled by AI needs, contributed to a roughly 143% annual gain for Sandisk, with momentum expected to continue into the next quarter.

Sandisk’s rally accelerates as earnings blowout underscores looming NAND supply crunch
markets27 days ago

Sandisk’s rally accelerates as earnings blowout underscores looming NAND supply crunch

Sandisk posted a standout quarter with revenue guidance nearly 60% above expectations and profit outlook well ahead of estimates, prompting Raymond James to upgrade the stock and flag a potential supply-demand imbalance in NAND that could keep demand outpacing supply for years. The stock jumped around 13% intraday, continuing a multi-year rally since its split from Western Digital.

SanDisk stock rockets after strong Q2 results, extends Kioxia JV through 2034
business29 days ago

SanDisk stock rockets after strong Q2 results, extends Kioxia JV through 2034

SanDisk posted Q2 2026 revenue of $3.03B (up 31% QoQ, 61% YoY) with non-GAAP EPS of $6.20 and a gross margin of 51.1%. Datacenter revenue rose 76% and the company guided Q3 revenue of $4.4–$4.8B with non-GAAP EPS of $12–$14. It also extended its joint venture with Kioxia through Dec. 31, 2034 and will pay $1.16B for manufacturing services 2026–2029. In after-hours trading, SNDK jumped about 22% to around $660 following the results and JV news.

SanDisk Unveils Ultra-Compact 1TB 'Plug-and-Stay' USB-C Drive
technology3 months ago

SanDisk Unveils Ultra-Compact 1TB 'Plug-and-Stay' USB-C Drive

SanDisk has launched its smallest 1TB SSD, the Extreme Fit, a tiny 'plug-and-stay' USB-C drive weighing just 3 grams and measuring 18.5 x 13.7 x 16 mm, offering up to 400 MB/s transfer speeds. Despite its impressive miniaturization, it has slower speeds compared to larger portable SSDs and is primarily suitable for file transfer rather than intensive tasks. The drive is available starting at $14.99 for 64GB and $109.99 for 1TB.