Sandisk transformation underway, analysts predict stock increase

A significant transformation is occurring at Sandisk, with new long-term agreements suggesting hyperscalers are willing to pay high prices for memory, potentially leading to higher stock prices and less volatile earnings.

1 May, 15:26 — 1 May, 15:26

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marketwatchMostly Factual1d ago

A major Sandisk transformation is under way, and analysts say it could send the stock even higher

New long-term agreements are a sign that hyperscalers are willing to pay high prices for memory. They’ll also make Sandisk’s earnings less volatile.

By Britney Nguyen

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Sandisk transformation underway, analysts predict stock increase

Sources

A major Sandisk transformation is under way, and analysts say it could send the stock even higher

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