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News 2026-09-28 11:08 UTC

Weekly Recap: AI NAND shift to data centers and near-80% gross margins

Sandisk Corporation (NASDAQ:SNDK) is riding an AI-driven NAND surge—data-center demand now tops 50% as it rolls out BiCS8/BiCS10, High Bandwidth Flash and enterprise SSD deals—while an $14B buyback, S&P 100 inclusion and strong margins clash with edge weakness, insider sales and cyclical price risk…