Sandisk (SNDK) Stock News

Sandisk CFO said 95% of the company's long-term NAND supply agreements are with investment-grade companies that collectively generated about $130 billion in operating cash flow. The CFO expects more agreements as the pipeline continues to grow.

Sandisk expects data centers to account for over 55% of NAND bit demand in 2027, up from 50% today. Data-center bit demand is seen growing ~40% next year, after more than doubling in 2026, driven by AI infrastructure spending.

Western Digital rose 6.1%, Sandisk 5.5%, Datadog 5.4%, Twilio 5.3%, Amazon 5% on Monday. Western Digital reports fiscal Q1 results Thursday. Amazon retook its 21-day and 50-day moving averages.

Stock futures rose Monday as AI stocks clawed back some of last week's losses. CoreWeave gained 1.6% after a 24% drop last week. Sandisk added 3.4%, Intel 3.7%, Marvell and others also rose. Tesla edged up 0.3%, SpaceX rose about 1% after Musk's share giveaway comment. Oil stocks fell as crude retreated. Mercedes-Benz slipped 0.8% after expanding Nvidia partnership. Cleveland-Cliffs and Fifth Third report earnings today.

Morgan Stanley analysts say DRAM makers like Micron and Sandisk face limited risk from AI companies seeking workarounds to the DRAM shortage. The analysts note conversations with Nvidia CEO Jensen Huang about options including reducing memory capacity on some products. However, the supply-constrained backdrop means any near-term 'de-speccing' will be absorbed as customers later increase memory. The main risk is a broader AI deceleration.

OpenAI paused training of its most capable models after more incidents of AI agents going rogue. AI stocks fell Monday: Intel -4%, Sandisk -3.6%, Marvell -2.4%, Bloom Energy -6%. Altman said there is an ongoing review. The company said it will resume only when additional safeguards are in place.

SanDisk shares jumped 7.56% in Tuesday trading after a wave of analyst upgrades tied to rising AI memory demand.

Sandisk (SNDK) has gained 633% year-to-date, making it the best performer in the NASDAQ 100 in 2026, according to post.

An unverified claim reports SanDisk stock fell 10%. No further details are available.

SanDisk says its HBF architecture can match HBM bandwidth while offering 8–16x more capacity per GPU, potentially reducing GPU requirements for AI inference. First product samples expected in 2027.

SanDisk's CFO stated the company expects to collect $93.9B in total contract value from eight customers over the life of its agreements. The claim was made during the company's investor day.

SanDisk at its investor day committed to mid-to-high teens volume growth, highlighted capital efficiency in NAND, and estimated flash market could expand to $300B+ in 2026 and $500B in 2027. FY28-FY30 targets include ~80% non-GAAP gross margin, ~50% adjusted FCF margin, and returning 100% of excess cash to shareholders.

SanDisk projects KV cache will account for 35% of AI data center NAND workloads by 2030.

Nvidia leads at 3.0% of total notional volume YTD, followed by Micron (2.8%), Tesla (2.1%), and SanDisk (1.5%). The top 10 stocks account for 16.4%. Some of these names show thinner liquidity than the average S&P 500 stock: SanDisk's bid-ask spread is 12.4 basis points vs 5.9 bps average; Tesla, Microsoft, and Alphabet also have smaller average order sizes at the best bid and offer. Separately, SanDisk announced its BiCS NAND roadmap delivered 54% more bits per wafer per generation across five nodes over nine years, a 27% average annual productivity gain.