All articles tagged with #ai storage
Phison Electronics warns that NAND production cannot meet demand for about four years, signaling persistent SSD price increases as AI/data-center demand grows. The company is building a strategic inventory for enterprise SSDs and AI workloads, but ramping new NAND capacity is a long process—potentially four years per NAND makers—leading Phison to shift toward AI storage and platforms under its Phison 3.0 plan.
Sandisk outlined a multi‑year plan through 2030 with mid‑to‑high‑teens revenue growth, ~80% gross margins and ~50% adjusted free cash‑flow margins, plus returning 100% of excess cash to shareholders. Eight customer agreements boost demand visibility for FY2027–FY2028, aiming to steady the memory cycle as AI storage demand grows, supported by BiCS9/10 NAND advances. The bullish outlook helped lift Sandisk stock about 15% and lifted peers like SK hynix, Micron and WDC, though analysts warn memory cycles remain cyclical and sustained cash generation depends on execution.
SanDisk has surged as 2026’s top S&P 500 performer, rising about 780% year‑to‑date and more than 3,900% since its 2025 spin‑off from Western Digital. The rally is driven by an AI storage boom that boosts NAND flash demand across data centers and devices, aided by disciplined memory supply and rising NAND prices. While Micron trails, the memory cycle remains highly cyclical, so investors should expect greater volatility in the second half of 2026 even if profits stay solid and AI infrastructure spending remains robust.
Micron Technology shares surged to a record near $683.09, lifting its market cap toward $730 billion as Jim Cramer and Gartner flag a secular AI-storage demand trend. The rally is supported by Gartner's memflation pricing outlook for DRAM and NAND, a May 5 launch of Micron’s 245TB 6600 ION SSD, and ongoing supply tightness in memory components.
TurboQuant reduces KV-cache needs by at least 6x for AI inference but does not ease persistent SSD storage demand, leaving Sandisk’s NAND thesis intact. The stock pullback appears headline-driven with unchanged revenue/EPS outlooks for the next four years. Sandisk’s AI storage story is still in early stages (datacenter revenue ~15% of sales, with strong recent growth), so near-term volatility is likely, but the author expects SNDK to retest highs in H2 as capital rotates from DRAM names.
Sandisk Corporation reached an all-time high stock price following bullish comments from Nvidia's CEO about the memory storage market's potential to become one of the largest industries globally, driven by AI storage needs, and announced a new SSD lineup at CES 2026.