SanDisk, spun off from Western Digital in late 2025 and listed on the NASDAQ under ticker SNDK, has become one of the world’s five largest NAND flash memory manufacturers. The stock has surged 481.5% year-to-date in 2026, pushing its market capitalization to $234 billion with a share price of $1,600. In fiscal Q4 2026, revenue reached $8.97 billion, up 372% year-over-year, with a record gross margin of 84.6% and non-GAAP EPS of $39.25. The Datacenter segment now accounts for 38% of revenue versus 12% a year ago, driven by AI inference demand and high-capacity QLC SSDs. The company has signed multi-year contracts representing $16.5 billion in financial guarantees covering over half of expected volumes for 2027.
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