Deleting this app until next earnings
I have been working at SanDisk for 8 years as an engineer and I have made millions on this stock. As an insider working on future products I can say without any hesitation that I have never been this optimistic about the future of SanDisk than I am today. The demand for our products are only going to increase as the years roll on. The products we are working on right now will serve data centers, edge AI, robotics, cars, rockets and any products remotely related to AI infra hardware. Long term contracts have already been agreed upon and there are more companies willing to sign contract with us in the future. Even if new capacity comes into market by 2028 the demand will only increase further more because of Al the new industries that gets built because of AI. This stock is for the long term and not cyclical anymore. Even if it is cyclical the cyclicality will hover around much higher numbers. It will never be boom or bust cycle at least for the next 10 years unless humans invent new technology that bypasses memory which I don’t think is going to happen anytime soon.
I just don’t want to see all these posts by short term holders about memory doom loop, memory peak, recession etc to cloud my optimistic judgement about the future of AI and the memory economy. In this new AI revolution and economy memory is only if the most fundamental requirements and the sooner ppl accept this fact the better because you are leaving money on the table.