Innlegg

SanDisk's investor day yesterday felt a bit off. In the past, when storage stocks were hyped, everyone would first ask: How many months can this price hike last? This time, SanDisk directly talked about 2030. Mid-to-high double-digit growth, 80% gross margin, and the money earned is planned to be used for buybacks and shareholder distributions. The confidence to say this comes from those 8 long-term contract customers. By 2028, about two-thirds of the supply is already pre-ordered. Previously, storage manufacturers frantically expanded production, then collectively crashed prices. Now it’s more like cloud providers locking in supply first, fearing a future shortage of flash memory.#CPIPPIEaseFedSplit #SP500Nears8000 #SandiskLongTermTargets