- SanDisk has signed New Business Model contracts with a weighted average duration above four years; management expects them to cover more than 50% of bits in FY27 and customer guarantees total $16.5 billion.
- The stock remains more than 30% below its June all-time high despite strong operating momentum, including 175% trailing revenue growth and a 103% sequential increase in Datacenter revenue in the latest reported quarter.
- Investors are focused on Chinese memory competition: YMTC competes directly in NAND, while CXMT is expanding DRAM and pursuing HBM production; Mizuho lowered semiconductor price targets citing multiple compression.
Quotes
“Management says these deals, with a weighted average duration of over 4 years, provide unprecedented visibility and stability.”