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30.01.26 - 09:06
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SanDisk sees sevenfold profit surge in 2QFY26, extends Kioxia JV (Digitimes)
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SanDisk delivered a strong fiscal second quarter in 2026, reflecting accelerating demand across data centers, industrial applications, and consumer electronics, driven by the ongoing AI infrastructure buildout. The US flash memory maker reported revenue of US$3.03 billion, up 61% year over year, while net profit surged 7.7-fold to US$803 million, according to its January 29, 2026, earnings release....
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11.08.25 - 06:06
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Kioxia net profit drops 74% annually in 2Q25 due to slow NAND flash market recovery (Digitimes)
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Kioxia announced a substantial drop in revenue and profits for the second quarter of 2025, primarily driven by sluggish sales of NAND flash memory for smartphones and PCs, as well as the strengthening Japanese yen. The company reported revenue of JPY342.7 billion (US$2.32 billion), down 20% year-on-year, while operating profit fell 64% to JPY44.8 billion. Net profit plunged sharply by 74% to JPY18.2 billion....
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