New Business Module
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- SanDisk Posts AI-Driven Q1 Beat and Advances HBF Manufacturing
SanDisk reported fiscal 2027 Q1 revenue of $11.03 billion, up 378% year over year and 23% quarter over quarter, while non-GAAP gross margin reached 85.1% and non-GAAP diluted EPS was $49.51. Management attributed roughly 60% of revenue growth to volume and 40% to pricing, then forecast Q2 revenue of $12.2 billion to $12.6 billion. The company also said its first High Bandwidth Flash die had completed tapeout and entered manufacturing, with initial samples planned for the next calendar year.
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