The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid rising AI and data center demand, Sandisk delivered a blowout quarter. According to reports, the company posted revenue of $5.95B with 97% sequential growth, and guided for $7.75-8.25B revenue and $30-33 EPS next quarter.
Despite the strong numbers, Sandisk faces higher risk compared to rival Micron due to its pure-play NAND flash focus and reliance on hyperscaler demand. Micron's more diversified portfolio, including DRAM, provides a buffer. Per market data, Sandisk closed at $2,335 (June 25 close), while Micron closed at $1,161.36 (June 26 close).
Sign in to access this content
Sign InTraders are watching whether Sandisk can sustain its momentum amid fierce competition and AI demand volatility. The strong guidance supports a bullish case, but any pullback in data center spending could reverse gains. Key levels to watch: resistance at $2,348 and support at $2,092.