SanDisk revenue nearly doubled in two quarters as AI demand floods flash storage

SanDisk posted fiscal Q4 2026 revenue of $8.97 billion, up 51% from Q3's $5.95 billion — which itself rose 97% — both beating Reuters estimates. GAAP net income climbed from $3.6 billion to $6.9 billion across the two quarters. The catalyst: AI infrastructure buildouts driving demand for high-capacity flash storage.