SanDisk Corporation (SNDK)
Western Digital to sell $3.17 billion stake in Sandisk
Flash memory maker Sandisk on Wednesday said that Western Digital will sell a stake worth $3.17 billion in the company.
Sandisk's stock falls as Western Digital plans to sell shares. What investors need to know.
Western Digital is looking to cash in on Sandisk by selling shares of the company it spun off roughly a year ago.
Sandisk's Rally Tests A New Playbook
Revenue rose 31% sequentially to $3 billion, with non-GAAP gross margins reaching 51% and EPS of $6.20. Guidance implies $4.4–$4.8 billion in next quarter revenue and mid-60% gross margins, signaling potential peak-cycle profitability. Free cash flow of $843 million reduced debt and shifted the balance sheet to a net cash position.
Top Stocks to Double Up on Right Now
Sandisk's stock is cheap and rising in a flash memory supercycle. TSMC's stock is still attractively valued and remains a huge beneficiary of the AI infrastructure buildout.
SanDisk Soars 163% in 2026: Can it Be the Market's Top Performer in Back-to-Back Years?
SanDisk ( NASDAQ:SNDK ) has delivered one of 2026's most explosive rallies, surging 163% year-to-date to $626.56 on Friday.
These 3 Zacks 'Strong Buy' Stocks Reflect the Hottest S&P 500 Stocks of 2026
Shares of these three red-hot companies continue to remain at the top of the S&P 500 leaderboard, underpinned by all being Zacks Rank #1 (Strong Buy) stocks. Coincidence?
Buy SNDK for Double-Digit Returns in the Short Term After a Solid 2025
SNDK's Q2 FY26 earnings surged on 61% revenue growth, AI-driven datacenter demand, and stronger pricing, setting up solid short-term upside.
Goldman Named The Issue That's Pushing SanDisk Stock to the Moon
One of the things that get overlooked when a new disruptive paradigm is introduced into an industry is infrastructure.
Sandisk's Swings Are Getting Bigger—Here's How to Play Them
With its biggest intraday drop in months immediately followed by its biggest intraday gain, Sandisk Corporation NASDAQ: SNDK has entered a new phase of price action. The stock had already been crowned one of the standout winners of 2025 before adding nearly 200% in the first few weeks of 2026.
Should You Invest in Sandisk Stock Post Its Q2 Earnings Release?
SNDK's growing AI storage demand, BiCS8 execution and margin expansion point to a more durable growth profile post Q2.
Why SanDisk Is Still A Strong Buy Near All-Time Highs
Sandisk (SNDK) remains a strong buy, driven by surging NAND demand from AI, constrained supply, and robust pricing momentum. Key competitors like Samsung and SK Hynix are prioritizing memory/HBM over SSDs, tightening enterprise NAND supply and supporting SNDK's pricing power. AI workloads are accelerating NAND wear and replacement cycles, while hyperscalers are locking in long-term supply contracts with SNDK.
What's Happening With SanDisk Stock?
SanDisk (NASDAQ: SNDK) stock is currently trending close to an all-time high of approximately $665, driven by stellar earnings and a substantial surge in demand for flash memory fueled by AI. What's the driving force behind this?
