SanDisk (SNDK.O) reported fiscal 2027 Q1 revenue of US$11.03 bln vs. market US$10.68 bln; adjusted EPS US$49.51 vs. US$46.27 expected. Data-center revenue was US$4.8 bln, up 61% QoQ, driven by enterprise SSD demand from AI infrastructure. Company said product demand remains strong and accelerating in data center; tight storage supply supported steep price increases. Adjusted gross margin rose to 85.1% from 84.6% in the prior quarter. SanDisk expects fiscal Q2 revenue of US$12.2–12.6 bln (market

SanDisk (SNDK.O) reported fiscal 2027 Q1 revenue of US$11.03 bln vs. market US$10.68 bln; adjusted EPS US$49.51 vs. US$46.27 expected. Data-center revenue was US$4.8 bln, up 61% QoQ, driven by enterprise SSD demand from AI infrastructure. Company said product demand remains strong and accelerating in data center; tight storage supply supported steep price increases. Adjusted gross margin rose to 85.1% from 84.6% in the prior quarter. SanDisk expects fiscal Q2 revenue of US$12.2–12.6 bln (market ~US$12.3 bln) and adjusted gross margin of 84.5–85.5%. Shares are up more than 450% YTD; an 8-for-1 stock split will take effect Nov. 19.