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SanDisk Climbs 6% as Sector-Wide Memory Shortage Fuels Fresh Investor Optimism

Summary by 247wallst.com
Quick Read SanDisk (SNDK) reported Q2 FY2026 revenue of $3.025B, up 61.25% year-over-year and beating estimates by 12.54%, while the company’s datacenter segment surged 76% year-over-year to $440M. A structural NAND flash memory shortage driven by AI data center buildout is expected to persist through 2028, positioning SanDisk as a critical supplier of infrastructure that hyperscalers depend on for AI operations. Are you ahead, or behind on r…

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247wallst.com broke the news in New York, United States on Friday, March 13, 2026.
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