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SanDisk Corp Stock Price, News & Analysis

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Welcome to our dedicated page for SanDisk news (Ticker: SNDK), a resource for investors and traders seeking the latest updates and insights on SanDisk stock.

Sandisk Corporation (Nasdaq: SNDK) is a developer, manufacturer and provider of data storage devices and solutions based on NAND flash technology. The Sandisk news feed on this page aggregates company announcements, earnings updates and technology disclosures so readers can follow how the business and its flash storage portfolio evolve over time.

Recent Sandisk news releases highlight several themes. The company regularly reports quarterly and annual financial results, including revenue trends, gross margin, operating income and segment performance across markets such as datacenter or cloud, client or edge devices, and consumer. These earnings announcements often include management commentary on demand patterns, AI-related workloads and the company’s outlook for upcoming quarters.

Sandisk also issues technology and product news. Examples in its public communications include the introduction of the UltraQLC platform and high-capacity NVMe enterprise SSDs, as well as updates on BiCS8-based flash memory and High Bandwidth Flash (HBF) for AI inference workloads. Joint announcements with partners such as Kioxia describe new fabrication capacity and advanced 3D flash memory nodes, while a Memorandum of Understanding with SK hynix focuses on standardizing HBF technology.

Corporate and investor-related news items cover topics such as participation in investor conferences, the timing of earnings conference calls, and changes to the Board of Directors, including the appointment of new directors and committee assignments. These releases provide insight into Sandisk’s governance, capital markets engagement and strategic priorities as a standalone company following its separation from Western Digital.

Investors and observers can use this news page to review Sandisk’s historical announcements, track recurring disclosures on AI and flash storage technologies, and monitor ongoing financial and governance updates. Checking this page over time allows readers to see how Sandisk’s flash-based storage strategy and market positioning are reflected in its official communications.

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Sandisk (NASDAQ: SNDK) will report fiscal third quarter results and hold an earnings conference call on Thursday, April 30, 2026 at 1:30 p.m. PT.

A live webcast and a replay will be available via investor.sandisk.com for investors and analysts.

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REX Shares (launch) and Tuttle Capital Management launched two leveraged single-stock ETFs on March 12, 2026: the T-REX 2X Long PAAS Daily Target ETF (Cboe: PAAU) and the T-REX 2X Long SNDK Daily Target ETF (Cboe: SNDU).

Both funds are designed to deliver 200% of daily performance of Pan American Silver (PAAS) and Sandisk (SNDK) respectively, expanding the T-REX suite to over 40 leveraged and inverse single-stock ETFs. Investing in the funds is not equivalent to directly owning PAAS or SNDK.

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Tradr (Nasdaq:SNDK) announced the Tradr 2X Long SNDK Daily ETF (Cboe: SNXX) reached $650 million AUM in 24 days after its Jan 27, 2026 launch, averaging >$27 million net new AUM per day as of Feb 20, 2026.

SNXX is now the fifth-largest single-stock ETF in the U.S., behind TSLL, NVDL, GGLL and MUU. Tradr also reported LITX at ~$200 million and WDCX at ~$40 million AUM; the firm's 69 leveraged ETFs total $2.7 billion AUM.

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Sandisk (NASDAQ: SNDK) announced management will present at three investor conferences in late February and March 2026. Presentations are scheduled for February 25, March 3, and March 11 and will be offered as live webcasts with archived replays on Sandisk's Investor Relations website.

Investors can access live streams and later replay recordings at investor.sandisk.com following each presentation.

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Sandisk (Nasdaq: SNDK) priced a secondary offering of 5,821,135 shares owned by former parent Western Digital at $545.00 per share on February 18, 2026. Sandisk will not receive proceeds; selling holders and underwriters J.P. Morgan and BofA lead the deal.

The offering is expected to close on February 19, 2026, subject to customary conditions, after a planned debt-for-equity exchange reallocates shares to the selling stockholders.

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Sandisk (Nasdaq: SNDK) announced a secondary public offering of approximately $3,085,774,648 of common stock owned by former parent Western Digital (WDC). Sandisk will not sell shares or receive proceeds; the offering follows a planned debt‑for‑equity exchange involving J.P. Morgan Securities and BofA Securities as selling stockholders and joint lead book‑runners.

The offering will be made under Sandisk’s effective Form S-3 shelf registration; prospectus copies are available from the underwriter contacts and via the SEC EDGAR website.

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Kioxia and Sandisk (NASDAQ: SNDK) extended their Yokkaichi joint venture agreement through December 31, 2034, adding five years to the prior 2029 expiry. The Kitakami JV term is aligned to the same date. As part of the renewal, Sandisk will pay Kioxia USD 1.165 billion in installments from 2026–2029 to secure manufacturing services and supply.

The extension emphasizes continued co-development of 3D flash memory, AI-enabled manufacturing and scale to support growing generative-AI demand.

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Sandisk (Nasdaq: SNDK) reported Q2 fiscal 2026 revenue of $3.03 billion, up 31% sequentially and 61% year-over-year, with GAAP net income of $803 million (GAAP diluted EPS $5.15) and non-GAAP diluted EPS of $6.20. Datacenter revenue rose 64% sequentially. The company issued Q3 guidance of $4.40–$4.80 billion revenue and non-GAAP diluted EPS of $12.00–$14.00.

Gross margin expanded to ~51% GAAP; management cited stronger AI-driven demand and alignment of supply with demand.

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Tradr ETFs will launch three first-to-market single-stock leveraged ETFs on Jan 27, 2026, each seeking 200% (2×) daily long exposure to a specific Nasdaq stock and listing on Cboe.

The expected launches are: LITX tracking Lumentum (Nasdaq: LITE), SNXX tracking Sandisk (Nasdaq: SNDK), and WDCX tracking Western Digital (Nasdaq: WDC). The issuer notes these products are designed for sophisticated investors and professional traders and warns of significant risks associated with leveraged ETFs.

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Sandisk (Nasdaq: SNDK) announced that Alexander R. Bradley joined its board of directors and was appointed to the audit committee, effective December 30, 2025.

Bradley has served as Chief Financial Officer of First Solar since 2016 and previously held treasury and project finance roles after joining First Solar in 2008. He also worked in investment banking and leveraged finance at HSBC and served as an officer and board member of the general partner of 8point3 Energy Partners. With Bradley’s appointment, Sandisk’s board comprises eight directors, seven of whom are external and independent.

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FAQ

What is the current stock price of SanDisk (SNDK)?

The current stock price of SanDisk (SNDK) is $692.73 as of April 1, 2026.

What is the market cap of SanDisk (SNDK)?

The market cap of SanDisk (SNDK) is approximately 93.8B.

SNDK Rankings

SNDK Stock Data

93.78B
139.32M
Computer Hardware
Computer Storage Devices
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United States
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