Sandisk set to report third-quarter earnings amid AI-driven storage boom
Updated
Updated · Barron's · Apr 30
Sandisk set to report third-quarter earnings amid AI-driven storage boom
10 articles · Updated · Barron's · Apr 30
Wall Street expects adjusted EPS of $14.62, above guidance, on sales of $4.7bn, versus a 30-cent loss a year earlier.
The flash-storage group's shares have surged 3,300% in the past year as AI data-centre demand, shortages and higher prices lift high-speed storage chips.
Amazon, Microsoft, Alphabet and Meta are set to spend more than $700bn on AI data centres this year, while new capacity is not expected until mid-2027.
Could the AI-driven memory shortage and Sandisk’s meteoric rise spark a new tech supercycle, or is a sudden reversal looming on the horizon?
With hyperscalers and manufacturers locking in long-term deals, will consumers face lasting high prices and shortages for everyday electronics?
How vulnerable is the global AI infrastructure to physical attacks and resource bottlenecks, and what risks does this pose for economies and security?