Sandisk Corporation
NasdaqGS-SNDK
Company Overview
SanDisk Corp. engages in the development, manufacture, and provision of storage devices and solutions on NAND flash technology. Its products include solid state drives. embedded products, removable cards, universal series bus, and wafers and components. The company was founded on June 1, 1988 and is headquartered in Milipitas, CA.
Name
Sandisk Corporation
CEO
David V. Goeckeler
Website
www.sandisk.com
Sector
Technology Hardware, Storage and Peripherals
Year Founded
2024
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Bulls Say
Sandisk is investing to raise its market share in enterprise SSDs for cloud infrastructure, which we see as a higher-profit business and less tied to consumer device cycles.
We expect demand for consumer devices to eventually rebound from cyclically low levels, which should help drive a good growth cycle for Sandisk.
We believe Sandisk could be a good target for a merger or takeover by a competitor, which could both provide value to investors and improve profits with more of a cost advantage as a larger combined firm.
Bears Say
Sandisk sells commoditylike NAND flash memory chips and offers little differentiation or pricing power, exposing it to volatile cyclicality.
Sandisk lacks the scale of larger NAND chipmaker peers, which hurts its ability to extract profits over a high fixed cost base.
Sandisk holds the lowest share among peers in the higher-profit enterprise SSD segment of the market.