SanDisk Drops Over 3% as Oracle's AI Boom Fails to Lift Memory

This article first appeared on GuruFocus. SanDisk (NASDAQ:SNDK), the flash-memory and data-storage producer, slid approximately 3.5% to $1,632.67 Friday, even after Oracle delivered 121% cloud-infrastructure growth. That contradiction defined the week: AI data centers kept consuming storage, memory supplies remained tight, and investors still sold the shares. Warning! GuruFocus has detected 2 Warning Sign with SNDK. Is SNDK fairly valued? Test your thesis with our free DCF calculator. The operating numbers remain fierce. SanDisk's fiscal fourth-quarter revenue hit $8.97 billion, jumping 51% sequentially and 372% year over year, according to its earnings coverage. Management projected $10.3 billion to $10.