Sandisk is transitioning from a commodity NAND supplier to a higher-value enterprise and AI infrastructure storage provider, driving a 4400% stock surge. SNDK's revenue mix is shifting rapidly toward Data Center and Edge AI products, improving margins, cash flow, and reducing business cyclicality. Multiyear supply agreements and BiCS8 technology adoption are enhancing revenue visibility, margin expansion, and operational efficiency for SNDK.
Sandisk: The Valuation Gap With Micron Looks Excessive
Source: Seeking Alpha