Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback - Reuters
Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback Reuters
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Notable Quotes
"The bane of this industry has been the boom-bust cycle. We want to get out of that. We want consistent, predictable economics."
— David Goeckeler , Executive
"Consistency is very important to me. We put a financial structure in place that says at the beginning of the contract, if you make a financial commitment to me as the customer, if you walk away from a contract, I get that money."
— David Goeckeler , Executive
"The bane of this industry has been the boom-bust cycle. We want to get out of that. We want consistent, predictable economics."
— David Goeckeler , Executive
"Consistency is very important to me. We put a financial structure in place that says at the beginning of the contract, if you make a financial commitment to me as the customer, if you walk away from a contract, I get that money."
— David Goeckeler , Executive
"The bane of this industry has been the boom-bust cycle. We want to get out of that. We want consistent, predictable economics."
— David Goeckeler , Executive
"Consistency is very important to me. We put a financial structure in place that says at the beginning of the contract, if you make a financial commitment to me as the customer, if you walk away from a contract, I get that money."
— David Goeckeler , Executive
"It is time to acknowledge memory is core to our AI coverage, fitting well with AI semis, AI hardware, and hyperscalers."
— Ben Reitzes , Executive
"Memory demand compounds exponentially."
— Ben Reitzes , Executive
"The bane of this industry has been the boom-bust cycle. We want to get out of that. We want consistent, predictable economics."
— David Goeckeler , Executive
"Consistency is very important to me."
— David Goeckeler , Executive
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<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxNQTAtem15UE5MRC1ya0M4cTNIbmFWX2Y4QkdaZ3NYekYwMlU4UVEyQWJ2TjF4VnBvVHRUWVpPRldOMkhPYTYxQkpsZmFTSnpWVnpmbWtHNHd5T0RiWUppMTdtQjRFeGNvNGhmN29DeF9vQ0ljYlQ4NXNjY0ZYWDBjMnBmM3lVN0d6YUliMlRTejJ2QnJrMTlweElKbUlwREQ2Z0o1dWh1d3pGY1c0RDFfTk9ETnRVQlFmbF9ydTdR?oc=5" target="_blank">Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback</a> <font color="#6f6f6f">Reuters</font>
Memory chip maker Sandisk reported soaring revenue and profit, secured long-term contracts worth at least $42 billion, and announced a $6 billion buyback.
Sandisk's shares have risen more than 360% this year, with the company securing long-term contracts and announcing a significant buyback.
Sandisk reported soaring revenue and profit, secured long-term contracts worth at least $42 billion, and announced a $6 billion buyback.
Sandisk's stock rose 3.04% after reporting a strong quarter, securing long-term contracts, and announcing a $6 billion buyback.
SanDisk's stock surged over 7% amid the AI memory boom, reaching record highs and extending a remarkable rally.
Memory chip maker Sandisk reported soaring revenue and profit, predicting another strong quarter. The company signed long-term contracts worth at least $42 billion and announced a $6 billion buyback.
Memory chip maker Sandisk reported soaring revenue and profit, predicting another strong quarter. The company signed long-term contracts worth at least $42 billion and announced a $6 billion buyback.
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