SanDisk History
Sandisk Corporation is an American multinational computer semiconductor company Founded in 1988 , based in Milpitas, California. , it does designs and manufactures flash memory products, including memory cards, USB flash drives, and solid-state drives.
In 1992, SunDisk introduced FlashDisk, a series of memory cards made for the PCMCIA or PC Card form factor, so they could be inserted into the expansion slots of many laptops and handheld PCs of the time.
Unlike other similar products at the time, FlashDisks did not require a battery to store their contents.
The company discontinued their production in 2002, and the highest capacity model had 8 gigabytes of capacity.
Sandisk share price 6% up due to SpaceX filing put Musk’s 48.4% stake in focus.
52 Week Low 42.82 USD
52 Week High 1667 USD
All Figures in (USD)
Revenue Beat +6.79%
Revenue :896.5 Cr Year on Year (371.59%)
Net Income: 690.3 Cr
EPS : 43.97
Net Profit Margin: 77%
SanDisk Long term Targets,projecting mid-to-high teens annual revenue growth and 80% on-GAAP gross margins through 2030.
as per JPMorgan.