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SanDisk Hits $2,023, Up 700% YTD as $42B Long-Term Contracts Signed

2026-07-02 07:12:27

SanDisk Corporation (SNDK) hit $2,023.54 on July 2, 2026, marking a 700% year-to-date surge, according to StockAnalysis. The rise was partly driven by $42 billion in multi-year supply contracts signed in the company's fiscal Q3, which locked in minimum revenue through 2030 and shifted SNDK's valuation profile from a traditional commodity cyclical to a contracted-earnings model, per TheStreet.

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