$SNDK jumped nearly 14% on August 13 after revealing a staggering $93.9 billion customer backlog and setting an ambitious target of 80% non-GAAP gross margins through fiscal 2030.

At its Investor Day, SanDisk highlighted strong progress from its 18-month turnaround strategy. The company reported $93.9B in total contract value across eight customers, with approximately $91.1B still remaining to be recognized.

📈 The massive backlog, improving margins, and stronger long-term outlook are fueling renewed investor confidence in SanDisk.

Big contracts. Higher margins. Bigger expectations. 🔥

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