SanDisk Bets Big On Multi-Year Contracts As AI Chip Demand Booms - SanDisk (NASDAQ:SNDK)

SanDisk Bets Big On Multi-Year Contracts As AI Chip Demand Booms - SanDisk (NASDAQ:SNDK)

SanDisk Corporation (NASDAQ:SNDK) on Thursday laid out a plan to lean harder on multi-year customer supply deals after posting better-than-expected fiscal third-quarter 2026 results. In the earnings call, CEO David Goeckeler said the memory chip maker has signed five long-term supply agreements (referred to as new business models (NBMs), with three signed in the fiscal third quarter and two more added early in the fiscal fourth quarter. The agre…

Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback

Sandisk shares have risen more than 360 per cent this year