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0.00111822710175866 0.000914913083257125 0.00010165700925084 0.00010165700925084 0.00182982616651425 0.00335468130527598 -0.00010165700925084 0.000813256074006285
Stock impact report

Western Digital completes SanDisk spin-off [Yahoo! Finance]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Yahoo! Finance
The flash memory and NAND innovator now trades on the Nasdaq under the ticker symbol “SNDK.” “We are excited to embark on this new chapter for SanDisk,” said CEO David Goeckeler, emphasizing that NAND technology is at the heart of innovation. The company sees AI-driven demand and disciplined supply management as key growth factors, focusing on profitability rather than market share gains. SanDisk's Investor Day last week reinforced its commitment to long-term growth, targeting a 20% operating margin and $1.2 billion in free cash flow at $10 billion in revenue. The company is also advancing next-generation BiCS8 process technology, a crucial enabler for future NAND developments. Meanwhile, Western Digital also reaffirmed its strategic vision following the separation. The company remains focused on cloud storage and HDD innovation, with 88% of revenue expected to come from cloud storage by FY25. CEO Irving Tan highlighted advancements in ePMR and HAMR technologies, aimed Show less Read more
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