Sandisk Corporation issued robust guidance, projecting extremely tight supply-demand conditions through 2027, driven primarily by the AI storage 'supercycle' and the launch of the Optimus™ brand for AI PCs.
- The company projects Q2 fiscal 2026 EPS between $3.00 and $3.40.
- Management anticipates sharp gross margin expansion, reaching 41% to 43%.
- The strong outlook underpinned the stock hitting an all-time high of $423.35 on January 15, 2026.