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SanDisk Corp (SNDK)
- 413.620
- +4.380+1.07%
Close Jan 16 16:00 ET
- 415.980
- +2.360+0.57%
Post 20:01 ET
60.62BMarket Cap-34.38P/E (TTM)
432.020High399.700Low15.70MVolume425.590Open409.240Prev Close6.49BTurnover11.42%Turnover RatioLossP/E (Static)146.55MShares432.02052wk High6.46P/B56.89BFloat Cap27.88552wk Low--Dividend TTM137.53MShs Float432.020Historical High--Div Yield TTM7.90%Range %27.885Historical Low413.323Avg Price1Lot Size
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SanDisk Corp (SNDK) News
Unprecedented memory shortage looms! Micron Technology warns of chip scarcity extending until 2027.
Micron Technology stated that the ongoing shortage of memory chips, exacerbated by a surge in demand for high-end semiconductors required for artificial intelligence infrastructure, has accelerated over the past quarter and will persist beyond this year.
South Korean media reported that “Samsung and SK Hynix are expected to continue reducing NAND flash production this year” in pursuit of profit maximization.
According to reports, Samsung Electronics' NAND wafer production this year will decrease from 4.9 million pieces last year to 4.68 million pieces, even lower than the reduced output level implemented in 2024 due to deteriorating profitability. SK Hynix's NAND production will also drop from approximately 1.9 million pieces last year to 1.7 million pieces this year. Together, the two companies account for over 60% of the global NAND flash memory market. TrendForce forecasts that contract prices for NAND flash memory in the first quarter will increase by 33% to 38% compared to the previous quarter.
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