- Nvidia said memory shortages are limiting demand satisfaction and projected gross-margin pressure from about 75% to 71%-72%.
- SanDisk shares rose nearly 5% premarket as analysts linked persistent NAND tightness and AI-driven High Bandwidth Flash demand to firmer pricing and margin support.
- Nvidia’s $96.2 billion fiscal Q2 revenue and $108 billion fiscal Q3 forecast strengthened the broader data-center spending backdrop for SanDisk’s NAND and solid-state storage products.
- Chinese memory competition, valuation sensitivity and the risk of faster-than-expected supply growth remain the main threats to the rally.
Quotes
“memory shortages are limiting demand satisfaction”
“game changer for AI”
“uniquely positioned”