Post
taishiro
But there's another side to this. NAND is a cyclical market. Strong demand attracts capacity, supply eventually catches up, and pricing power can change quickly. SanDisk can be delivering exceptional growth today while investors question how long those margins can last.
AI infrastructure still needs storage. The question is whether the market has priced in too much future growth too quickly.
I'd be careful about confusing a sharp valuation reset with the death of an entire industry.
taishiro
Calling SanDisk finished after one brutal trading session might be a little premature.
$SNDK dropped 22.2% on Thursday, closing at $806.80. That's a significant sell-off, especially when you consider the numbers behind the business.
The company reported $11.03B in quarterly revenue, up 378% year over year. Data-centre revenue reached $4.8B, while management expects another $12.2B–$12.6B next quarter.
Those aren't the numbers of a business suddenly running out of demand.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$74,674.4+0.01%
ETH/USDTEthereum
$2,082.24+0.00%
SOL/USDTSolana
$85.03+0.00%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030
3#NebiusAI cloud business rapid growth faces earnings report test
