Sandisk Announces $6 Billion Stock Buyback Amid Strong Demand in AI Memory Market
Sandisk, a leader in NAND flash memory solutions critical to AI infrastructure, announced a $6 billion stock buyback program. The company is leveraging strong demand from hyperscalers and cloud providers for its high-capacity storage products used in AI data centers.
Tickers: $SNDK
Topics: AI infrastructure NAND storage revenue growth stock buyback