$SNDK

Sandisk's Giorgio Ippoliti discusses the role of flash storage in 'Physical AI,' where machines interact with the physical world. This shift requires high-performance local storage, with applications in autonomous vehicles, drones, and robots. Humanoid robots, projected to reach 1.4 million units by mid-2030s, need fast NVMe-powered flash storage for continuous learning and real-time data processing. Sandisk offers a range of SSDs to meet these demands, with its 128TB and 256TB NVMe SSDs setting

Interactive Brokers (IBKR), SanDisk (SNDK), and Roku (ROKU) have received bullish earnings estimate revisions, each holding a Zacks Rank #1 (Strong Buy). IBKR reported Q2 adjusted earnings of $0.69 per share, up 35% YoY, with net revenues climbing 28%. SNDK saw a 51% sequential revenue increase to $8.97 billion, driven by AI demand and NAND pricing.

SanDisk (SNDK) reported Q4 revenue of $8.97B, up 372%, with adjusted free cash flow at $5.04B. New business models cover over 50% of fiscal 2027 and two-thirds of fiscal 2028 supply. Data center revenue rose 437% in fiscal 2026. The company trades at 7.2X fiscal 2027 earnings, with improved visibility reducing cyclicality, according to an analyst.

In August, perpetual futures volume on centralized crypto exchanges reached $665.42 billion, up 4.6% from July. SanDisk (SNDK), SK Hynix (SKHYNIX), and SpaceX-tracking SPCX contracts drove over half of this activity, with $193.58 billion, $75.89 billion, and $65.93 billion respectively. Binance reported $433.4 billion in TradFi perpetual volume, with equity-linked contracts contributing $342.9 billion.

CEOs of Apple, Tesla, Amazon, and Nvidia discussed rising memory prices and tight supply during earnings calls. Apple, Tesla, and Nvidia mentioned paying higher costs for memory, while Amazon increased its capital expenditure budget due to higher memory costs. Micron and Sandisk are positioned to benefit from the increased demand and pricing power in the memory market.

Sandisk (SNDK) stock rose 29% in August, driven by strong earnings and high demand for its memory products, crucial for AI. Q4 revenue surged 372% YoY, with EPS up 91% sequentially. Management forecasts 357% YoY revenue growth for Q1 2027. The stock is up 554% YTD, with analysts projecting a 42% upside.

Leopold Aschenbrenner's Situational Awareness fund sold its public equity portfolio, including 2.5M shares of SanDisk (SNDK) and 4.8M shares of Micron (MU), due to July losses and margin pressure. SanDisk reported $2.98B in Q4 data-center revenue, while Micron supplies high-bandwidth memory for AI. Both stocks fell over 30% in July. Other hedge funds increased positions in these stocks in Q2.

Sandisk (SNDK) reported $2.98 billion in datacenter revenue, a third of its $8.97 billion total revenue for Q4 2026. Datacenter sales grew 437% YoY, while consumer products declined. The company's New Business Model (NBM) includes multiyear supply agreements with datacenter and edge customers, ensuring minimum revenue of $93.9 billion. Fiscal 2026 revenue rose 175% to $20.25 billion, with gross margin at 84.6%. Management expects continued growth and high margins in fiscal 2027.

Shek Bernard (Chief Legal Officer & Secty) sold 600 shares of Sandisk Corp (SNDK) at $1525.60 ($0.92M total) on 2026-09-01 under a Rule 10b5-1 trading plan.

Backpack now allows users to post Micron (MU) and SanDisk (SNDK) shares as collateral for margin in a unified portfolio account. The platform also introduced 24/7 perpetual futures on MU, SNDK, SPY, and QQQ. This expands the role of equities on Backpack beyond buying and selling, enabling U.S. dollar borrowing and futures trades. The company plans to add more assets but did not specify a timeline.