The Zhitong Finance App learned that on Thursday, the increase in SanDisk (SNDK.US) increased to 14%, driving the storage sector to continue to rise. According to the news, SanDisk's chief financial officer said that the company expects to receive a total contract amount of 93.9 billion US dollars from eight customers during the contract period. SanDisk will return the excess cash after investing in the business, and plans to return all of the excess cash to shareholders. SanDisk aims to achieve medium to high double-digit revenue growth in the 2028-2030 fiscal year. The non-GAAP gross margin is expected to be about 80% for the 2028-2030 fiscal year, and the non-GAAP operating margin is expected to be about 75% for the 2028-2030 fiscal year.

The Zhitong Finance App learned that on Thursday, the increase in SanDisk (SNDK.US) increased to 14%, driving the storage sector to continue to rise. According to the news, SanDisk's chief financial officer said that the company expects to receive a total contract amount of 93.9 billion US dollars from eight customers during the contract period. SanDisk will return the excess cash after investing in the business, and plans to return all of the excess cash to shareholders. SanDisk aims to achieve medium to high double-digit revenue growth in the 2028-2030 fiscal year. The non-GAAP gross margin is expected to be about 80% for the 2028-2030 fiscal year, and the non-GAAP operating margin is expected to be about 75% for the 2028-2030 fiscal year.