Sandisk Wins Strong Bullish Upgrade as NAND Prices Jump 5% on Nvidia Vera-Rubin Catalyst
Updated
Updated · Seeking Alpha · Aug 18
Sandisk Wins Strong Bullish Upgrade as NAND Prices Jump 5% on Nvidia Vera-Rubin Catalyst
3 articles · Updated · Seeking Alpha · Aug 18
Summary
Sandisk was upgraded to a strong bullish outlook after Investor Day guidance and Nvidia Vera-Rubin production updates pointed to stronger NAND demand and pricing.
A 5% rise in NAND prices in one week followed reports of tighter Vera-Rubin production schedules, which sharpened expected NAND Flash adoption in scale-up networks.
Sandisk said its NBM business model is backed by $93.9 billion in contracts across eight customers, supporting projected annual revenue of $23 billion to $25 billion and at least 80% gross margins.
Potential adoption of Sandisk's HBF in XPUs, possibly including GPUs, was cited as an additional upside catalyst beyond the current NAND pricing boost.