SanDisk Stock Rises Over 4,000% in 12 Months as AI Storage Demand Reshapes the Market

TLDR: SanDisk reported Q3 earnings of $23.41 per share, beating the $14.50 estimate by a wide margin. Five AI companies signed $42B in multi-year supply deals, with over $11B already committed upfront. Data center revenue surged 233% to $1.47B, reflecting strong AI-driven demand for flash storage. SanDisk announced a $6B share buyback and forecast next-quarter [...]

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