● IndustryOct 30, 2026 · 20:408 sources
AI Demand Lifts SanDisk's First Quarter Data Center Revenue to $4.8B
From marketbrief.now
AI;DR
SanDisk reported first-quarter revenue of $11.03B, a 378% year-over-year increase, with its data center segment generating $4.8B, though shares declined 9.3% in premarket trading on Oct. 30.
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- SUPPORT@thetranscript_“robust and growing demand for our products driving outpaced growth in our data center business”x.com
- SUPPORT@realnickmugalli“Two years ago data center was barely part of Sandisk. Now it's over 40% of sales, and it's growing faster than anything else”x.com
- SUPPORT@mr_derivatives“Just announced a 8-1 stock split effective November 19th!”x.com
- SUPPORT@tengyanai“supply is spoken for: ~50% of bits under multi year (NBM) deals for FY27, ~2/3 for FY28”x.com
- SUPPORT@thetranscript_“including three US hyperscalers, underpinned our continued expansion in this fast-growing end market”x.com