Sandisk (SNDK) Q4 Revenue Jump Shows Memory Pricing Strength Despite Smartphone Slump

Sandisk (NasdaqGS: SNDK) reported Q4 2026 revenue that was described as exceptionally high year over year as memory prices surged. The flash memory supplier cited stronger pricing for storage components, even as global smartphone shipments faced a significant drop in the same quarter. Management issued what it called strong revenue guidance for the upcoming quarter, pointing to continued pricing power in key product lines. This sharp Q4 2026 revenue jump during a smartphone slump fits into a...