- SanDisk and Kioxia plan to invest roughly $31 billion in Japan through 2032 to expand flash-memory technology and production, subject to government support.
- SanDisk reported fiscal Q4 2026 revenue of $8.97 billion and non-GAAP EPS of $39.25, with data-center revenue reaching $5.15 billion as AI infrastructure lifted demand.
- The investment and earnings reinforce a bullish AI-memory outlook, but NAND-price normalization and rising Chinese manufacturing capacity remain key risks.
Quotes
“SanDisk Corporation is upgraded to a Strong Buy, driven by extraordinary AI-fueled growth and a deeply discounted valuation.”