SanDisk Strong Buy Rating Driven by AI Boom. SanDisk Corporation delivered exceptional Q2 2026 results with revenue reaching $3.03 billion and gross margins expanding to 50 percent. Data center revenue surged to $440 million, significantly exceeding guidance. Management projects Q3 2026 revenue between $4.4 billion and $4.8 billion with mid-to-high teens annual growth expected. The company is positioned as an infrastructure leader through its focus on high-end SSDs and AI-centric products like the Stargate QLC. Surging demand for NAND flash storage from artificial intelligence expansion and cloud infrastructure buildout creates a favorable multi-year growth trajectory supported by hyperscaler contracts.
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