Jul. 27 at 4:14 PM
$SNDK over 11% after Morgan Stanley warns the memory boom is “approaching an inflection point” with contract chip prices expected to peak in late 2026.
But a pricing peak doesn't necessarily mean an earnings peak because SanDisk has
$42B in RPO from multiyear agreements with price floors near
$0.29 per GB allowing contracted volume and rising AI storage demand to keep earnings growing even if NAND prices flatten.
$ABCL $LEU
