Can SanDisk Outperform the Semiconductor Sector in 2026? - Yahoo Finance

SanDisk, a leading player in the memory sector, has demonstrated strong growth momentum in recent years. In Q3 FY26, its revenue reached $5.95 billion, up 251% year-over-year, with datacenter revenue ... Read original →

SanDisk’s 645% datacenter revenue surge signals AI’s storage hunger has spilled beyond GPUs into NAND ecosystems. This triggers a tech-chain reaction: TSMC may prioritize advanced packaging for HBM-integrated clients, raising pure-play memory makers’ foundry costs. Geopolitically, U.S.-South Korea alignment on export controls could force SanDisk to build redundant fabs in Taiwan, China and the U.S., adding 5–7% to COGS. NVIDIA’s in-house storage stack will likely provoke Samsung and SK Hynix to bundle AI-optimized SSDs with DRAM, igniting price wars in premium segments. Over the next 18 months, structural shortages in AI inference storage could let SanDisk capture supernormal margins—but hitting a $2,500 share price demands a P/E above 45x, implausible under current rate regimes without a sector-wide M&A catalyst.