المنشور

$SNDK SanDisk released its earnings report, slightly below expectations In fact, SanDisk has risen a lot and also fallen deeper; its fundamentals are not as strong as Micron's. In this AI-driven cycle, HBM is the biggest beneficiary, while SanDisk does not directly compete in the HBM market. The NAND Flash competitive landscape is more fragmented, with Yangtze Memory holding about a 13% share and a higher proportion in the consumer segment, making it more sensitive to weak end-user demand. SanDisk and SK Hynix jointly released the HBF standard as a long-term strategy, but it cannot contribute to revenue in the short term. The price of 1TB solid-state drives has risen from about $45 to nearly $90, and consumer "can't afford it" sentiment is spreading. If consumer demand experiences a cliff-like drop, even with strong data center demand, memory prices may peak earlier than expected.#SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck