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Media reports indicate that SanDisk has recently declared a 10% price surge across all distribution channels and consumer products. The company also emphasized its commitment to regularly reassess its pricing strategy, hinting at the potential for additional price modifications in the upcoming quarters. During the Goldman Sachs Communacopia+ Technology Summit, SanDisk's CEO, David Goeckeler, highlighted that the data center segment has emerged as the company's main engine of growth, with its expansion trajectory continuing to gather steam. SanDisk projects that the scarcity of NAND flash memory will endure until 2026, providing substantial leeway for further price escalations. The company intends to enforce price increases in the client, data center, and cloud computing domains and will engage in quarterly negotiations with customers to revise prices and purchase volumes.
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