Sandisk reports first-quarter EPS of $52.60

By Nicholas G. MillerSandisk reported exponentially higher fiscal first-quarter profit as the AI buildout drives memory demand skyward.The company posted net income of $8.1 billion, or $52.60 a share, up from $112 million, or 75 cents a share, the year prior.Adjusted earnings were $49.51 a share. A…