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Sandisk Rides NAND Shortage As AI Hyperscalers Lock In Supply
Sandisk, NasdaqGS:SNDK, is emerging as a key independent supplier of NAND flash as the industry faces an extended supply shortage. The company reports sold out manufacturing capacity and increasing interest from AI focused data centers and device makers. Large cloud and AI infrastructure customers are locking in multi year NAND supply agreements with Sandisk. These developments are reshaping Sandisk’s role in the memory market following its spin off from Western Digital. Sandisk’s post spin... Feb 17, 2026 - $WDC
Sandisk Announces Launch of Secondary Offering of Common Stock
MILPITAS, Calif., February 17, 2026--Sandisk Corporation (Nasdaq: SNDK) (the "Company" or "Sandisk") announced today the launch of a secondary public offering (the "Offering") of $3,085,774,648 of shares of its common stock (the "SNDK Shares") currently owned by Western Digital Corporation, the Company’s former parent ("WDC"). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange ( Feb 17, 2026 - $WDC
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