SanDisk, Micron slide as Chinese rival CXMT surges
Memory stocks face pressure after ChangXin Memory Technologies' record IPO and shifting market dynamics.
Talivio News · Global1 min read
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Talivio News (AI illüstrasyon)
Memory-chip stocks Micron Technology and SanDisk took a dive on Tuesday. The decline in SanDisk stock is attributed to broader memory sector weakness and competitive worries following CXMT's IPO.
Chinese memory maker ChangXin Memory Technologies (CXMT) held an IPO on the Shanghai Stock Exchange, surging 466% on its first day and closing with a market capitalization of $487 billion. CXMT is one of two Chinese suppliers of DRAM memory chips.
Apple is seeking to buy DRAM memory chips from CXMT. SanDisk specializes in NAND flash memory, not DRAM.
SanDisk price volatility
SanDisk stock fell by 11.7% on Monday (as of 1:10 p.m. ET). SanDisk stock dropped 11% on the previous Friday. SanDisk stock dropped 6% in premarket trading on Tuesday.
Fiyat verileri konusunda çelişkili raporlar bulunmaktadır; bazı kaynaklar hisse fiyatının 1.207-1.221 dolar aralığında olduğunu belirtirken, diğerleri 99 dolar civarında bir destek seviyesine işaret etmektedir.
Dow Jones Industrial Average futures rose 0.8% ahead of Tuesday's open, while S&P 500 futures moved down 0.1%.
SanDisk's operating profit margin is 70%. SanDisk stock has soared more than 400% since the start of the year.
SanDisk hissesinin bir 'baş ve omuz' formasyonunun boyun çizgisinin altına düştüğü iddia edilmektedir.
Updates
SanDisk reported a massive surge in fiscal 2026 third-quarter revenue to $5.95 billion, marked by a 251% year-over-year gain and approximately $42 billion in new multi-year supply commitments. While the company's data-center and edge segments saw significant growth, SanDisk's stock experienced a sharp decline, losing 31% of its value over several days including a 12.5% drop on Tuesday morning. Amidst these earnings, analyst sentiment remains mixed as Wells Fargo raised its price target from $1,250 to $1,620, while Susquehanna lowered its target from $3,250 to $3,050.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, marking a 97% sequential and 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue to $1.47 billion. The company secured multi-year supply agreements worth approximately $42 billion in minimum revenue commitments and guided for fourth-quarter revenue between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology's remaining performance obligations surged from approximately $5 billion in May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, marking a 97% sequential and 251% year-over-year increase, supported by $42 billion in new minimum revenue commitments from multi-year supply agreements. While the data-center segment revenue surged 233% to $1.47 billion, the consumer segment saw a 10% sequential decline to $820 million. Looking ahead, management guided for fourth-quarter revenue between $7.75 billion and $8.25 billion.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue to $1.47 billion despite a 10% decline in the consumer segment. The company also secured multi-year supply agreements totaling approximately $42 billion in minimum revenue commitments and issued fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology significantly increased its remaining performance obligations from approximately $5 billion at the end of May to around $100 billion following 16 strategic customer agreements.
SanDisk reported a significant surge in fiscal 2026 third-quarter revenue to $5.95 billion, driven by a 233% sequential increase in its data-center segment to $1.47 billion despite a 10% decline in consumer segment revenue. The company also secured multi-year supply agreements worth approximately $42 billion in minimum revenue commitments and provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology saw its remaining performance obligations jump from approximately $5 billion at the end of May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, a 251% year-over-year surge, driven by a 233% sequential increase in data-center segment revenue to $1.47 billion. While edge segment revenue reached $3.66 billion, the consumer segment saw a 10% sequential decline to $820 million. Additionally, the company secured multi-year supply agreements totaling approximately $42 billion in minimum revenue commitments and provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, reflecting a 97% sequential and 251% year-over-year increase, driven largely by a 233% sequential surge in data-center segment revenue to $1.47 billion. The company also secured multi-year supply agreements totaling approximately $42 billion in minimum revenue commitments and guided for fourth-quarter revenue between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology's remaining performance obligations rose significantly from approximately $5 billion at the end of May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, a massive 251% year-over-year increase, driven by a 233% sequential surge in data-center segment revenue to $1.47 billion. The company also secured multi-year supply agreements totaling approximately $42 billion in minimum revenue commitments and provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology significantly expanded its remaining performance obligations from approximately $5 billion in May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue to $1.47 billion. The company secured five multi-year supply agreements representing approximately $42 billion in minimum revenue commitments and provided fourth-quarter guidance of $7.75 billion to $8.25 billion in revenue. Additionally, CEO David Goeckeler noted that customer spending forecasts for data centers have been revised higher 14 consecutive times.
SanDisk reported third-quarter fiscal 2026 revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue which hit $1.47 billion. The company also secured multi-year supply agreements representing approximately $42 billion in minimum revenue commitments and provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology reported that its remaining performance obligations increased to approximately $100 billion following 16 new strategic customer agreements.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, with CEO David Goeckeler noting that data centers are quickly becoming the largest market in NAND. The company provided fourth-quarter guidance of $7.75 billion to $8.25 billion in revenue and adjusted earnings per share between $30 and $33. Meanwhile, Micron Technology significantly expanded its remaining performance obligations from approximately $5 billion in May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue to $1.47 billion. Despite the growth, the company's stock has tumbled more than 45% from its recent peak, with technicals showing a decline in momentum. Management has guided for fourth-quarter fiscal 2026 revenue between $7.75 billion and $8.25 billion, alongside adjusted earnings per share expected to range from $30 to $33.
SanDisk reported fiscal 2026 third-quarter revenue of $5.95 billion, a 251% year-over-year gain, driven by a 233% sequential increase in its data-center segment to $1.47 billion. The company also secured multiple multi-year supply agreements representing approximately $42 billion in minimum revenue commitments and is guiding for fourth-quarter revenue between $7.75 billion and $8.25 billion. Meanwhile, Micron Technology significantly expanded its remaining performance obligations from approximately $5 billion in May to around $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue to $1.47 billion. To support future growth, the company secured five multi-year supply agreements representing approximately $42 billion in minimum revenue commitments. Management has provided guidance for fiscal fourth-quarter 2026 revenue between $7.75 billion and $8.25 billion, with projected adjusted earnings per share ranging from $30 to $33.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, driven by a 233% sequential rise in data-center segment revenue. The company also secured multi-year supply agreements totaling approximately $42 billion in minimum revenue commitments and provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. Meanwhile, SK Hynix reported a 557% year-over-year increase in second-quarter operating profit, and Micron Technology significantly expanded its remaining performance obligations to approximately $100 billion following 16 strategic customer agreements.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, marking a 251% year-over-year increase driven by a 233% sequential rise in its data-center segment. Following this performance, the company provided fourth-quarter revenue guidance between $7.75 billion and $8.25 billion and projected adjusted earnings per share in the $30 to $33 range. Additionally, SanDisk has secured multi-year supply agreements representing approximately $42 billion in minimum revenue commitments.
SanDisk reported fiscal third-quarter 2026 revenue of $5.95 billion, a 251% year-over-year increase, while providing fourth-quarter revenue guidance between $7.75 billion and $8.25 billion. The company also secured several multi-year supply agreements representing approximately $42 billion in minimum revenue commitments. Analysts' reactions remain mixed, with Wells Fargo raising its price target for SanDisk from $1,250 to $1,620, while Susquehanna lowered its target from $3,250 to $3,050.
SanDisk reported fiscal Q4 2026 revenue of $8.965 billion — a 372% year-over-year increase — and non-GAAP EPS of $39.25, surpassing its prior guidance of $30–$33 per share, while data center revenue rose 103% sequentially and now drives the majority of growth; the company also confirmed it has signed five multi-year supply agreements with firm financial commitments and remains debt-free.
SanDisk reported fiscal fourth-quarter 2026 revenue of $8.965 billion — a 372% year-over-year increase — and adjusted EPS of $39.25, surpassing its guidance of $30–$33 per share, while its gross margin climbed to 84.6% and data center revenue rose 103% sequentially, solidifying its position as the primary growth driver.
