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SanDisk CEO David Goeckeler Says Its Biggest Customers Aren't Talking Prices Anymore as Business Turns 'Highly Strategic'
Benzinga7d agoneutral
SanDisk CEO David Goeckeler Says Its Biggest Customers Aren't Talking Prices Anymore as Business Turns 'Highly Strategic'

SanDisk Corp. (NASDAQ:SNDK) said artificial intelligence is fundamentally changing how it works with customers, with CEO David Goeckeler describing a shift from short-term pricing negotiations to long-term strategic partnerships as demand for AI infrastructure accelerates. From Quarterly Price Talks To Long-Term Strategy During the chipmaker’s fourth-quarter earnings call, Goeckeler said discussions with customers have moved beyond procurement teams and now involve the CEOs and CFOs of some of t

Sandisk Q4 Earnings Call Highlights
MarketBeat7d agoneutral
Sandisk Q4 Earnings Call Highlights

Sandisk (NASDAQ:SNDK) reported record fiscal fourth-quarter revenue, gross margin and earnings per share, with results exceeding the high end of its prior outlook as the company cited growing demand for NAND storage tied to AI inference workloads and data-center expansion. Fourth-quarter revenue to

SanDisk CEO David Goeckeler Expects PC and Smartphone Sales to Decline in 2026, But Sees NAND Recovery Ahead: Here's Why
Benzinga7d agoneutral
SanDisk CEO David Goeckeler Expects PC and Smartphone Sales to Decline in 2026, But Sees NAND Recovery Ahead: Here's Why

SanDisk Corp. (NASDAQ:SNDK) expects PC and smartphone shipments to decline sharply in 2026, but CEO David Goeckeler said rising storage capacity and market stabilization next year could support renewed NAND demand. SanDisk Sees PC and Smartphone Shipments Falling On Wednesday, during SanDisk’s fourth-quarter earnings call, Goeckeler said the company expects unit shipments for both PCs and smartphones to decline by the "mid-teens" this calendar year as the consumer technology markets adjust. Stil

Asian stocks mostly down with tech firms back under pressure
AFP7d agoneutral
Asian stocks mostly down with tech firms back under pressure

Most Asian markets sank on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.Easing tensions in the Middle East and comments from Washington about a US-Iran deal to reopen the Strait of Hormuz have also helped equities this week by pushing oil prices down and tempering inflation and rate hike concerns.

Sandisk, eBay, AppLovin, Goodyear: After-Hours Stocks to Watch
The Wall Street Journal7d agoneutral
Sandisk, eBay, AppLovin, Goodyear: After-Hours Stocks to Watch

↗️ DoorDash (DASH): Revenue at the food-delivery company beat expectations in the second quarter, but profit slipped. Shares edged 1% higher in postmarket trading. ↗️ Goodyear Tire & Rubber (GT): The company swung to a second-quarter loss as lower tire sales volume combined with higher costs.

Investing.com7d agobullish
Sandisk beats Q4 expectations; shares dip on measured outlook

Investing.com -- Sandisk forecast first-quarter revenue largely in line with Wall Street expectations on Wednesday after reporting fiscal fourth-quarter revenue and profit that topped analysts’ estimates, driven by higher pricing and robust demand for its data center memory products.

SK Hynix (KOSE:A000660) Helps Set An Open Standard For AI Flash Memory
Simply Wall St.7d agoneutral
SK Hynix (KOSE:A000660) Helps Set An Open Standard For AI Flash Memory

SK hynix (KOSE:A000660) and Sandisk have introduced a new High Bandwidth Flash technical specification. The standard has been released through the Open Compute Project and is aimed at AI inference systems. Partners including Google and Tenstorrent are involved in defining the guidelines for this HBF standard. SK hynix is a major memory and storage supplier, with products that sit at the core of data centers and AI hardware. The new HBF specification arrives as AI workloads put more pressure...