SNDK Stock Recent News

Sandisk Corporation SNDK will release financial results for the fourth quarter after the closing bell on Thursday, Aug. 14.

MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (NASDAQ: SNDK) today announced it has signed a landmark Memorandum of Understanding (MOU) with SK hynix to work together to establish the specification for High Bandwidth Flash – a new technology designed to deliver breakthrough memory capacity and performance for the next generation of AI inferences. Through this collaboration, the companies expect to standardize the specification, define technology requirements and explore the creation of.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Sandisk today demonstrated a high-capacity 256TB1 NVMe™ enterprise SSD, a breakthrough in storage capacity, performance and power efficiency, made possible by Sandisk's new enterprise-grade UltraQLC™ platform. Offering extraordinary capacity, the UltraQLC™ platform marks a significant achievement in NAND architecture, built with a combination of BiCS8 QLC CBA NAND, custom controllers and advanced system optimizations. As workloads and business requirements.

Sandisk Corporation posted a sequential revenue decline and a large GAAP loss due to a goodwill impairment, but beat non-GAAP EPS estimates. Gross margins deteriorated sharply, and oversupply is pressuring prices, but management expects gradual margin and profitability recovery next quarter. SanDisk's long-term outlook is tied to SSD adoption; the company must weather current downturns and maintain profitability until SSDs gain enterprise traction.