Overview
- Fiscal second-quarter revenue rose 61% year over year to just over $3 billion, with earnings more than quintupled.
- SanDisk said on its January earnings call that its fabrication plants are operating at full capacity.
- Management guided fiscal third-quarter earnings to a $13 per-share midpoint, versus a loss of $0.30 a year earlier.
- Industry reports indicate 2026 NAND manufacturing capacity is sold out, and some buyers are paying premiums to secure supply.
- Unconfirmed reports say SanDisk plans to double prices on enterprise 3D NAND solid-state drives in the current quarter.