Sandisk's data center pivot drives record quarter as AI-fueled NAND shortage reshapes storage market

Sandisk reported fiscal fourth-quarter and full-year 2026 results on August 5 that underscore how thoroughly artificial intelligence (AI) demand has reshaped the NAND flash memory business, with the company's data center segment emerging as its primary growth engine and management locking in tens of billions of dollars in multi-year customer commitments to protect against the industry's traditionally volatile pricing cycles.