The Zhitong Finance App learned that SanDisk (SNDK.US) announced its long-term growth strategy and new multi-year financial framework on Investor Day 2026 on Thursday. The company said that as artificial intelligence (AI) expands further from training to the inference stage, data center demand for high-performance, high-capacity, and low-power storage will increase significantly, and the potential market size of enterprise data center flash memory is expected to expand to 1.2ZB by 2030. Meanwhile, SanDisk expects revenue to maintain medium to high double-digit growth in the 2028-2030 fiscal year, maintain non-GAAP gross margin of about 80%, and adjusted free cash flow margin reach about 50%.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that SanDisk (SNDK.US) announced its long-term growth strategy and new multi-year financial framework on Investor Day 2026 on Thursday. The company said that as artificial intelligence (AI) expands further from training to the inference stage, data center demand for high-performance, high-capacity, and low-power storage will increase significantly, and the potential market size of enterprise data center flash memory is expected to expand to 1.2ZB by 2030. Meanwhile, SanDisk expects revenue to maintain medium to high double-digit growth in the 2028-2030 fiscal year, maintain non-GAAP gross margin of about 80%, and adjusted free cash flow margin reach about 50%.
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