Sandisk joins Western Digital, Seagate in signaling strong AI storage demand (opens in new tab)

Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling ‌that enterprise spending on data storage products used in artificial intelligence ‌data centers remains strong. Sandisk shares, which have risen about 350% this year, fell over 6% ​in extended trading, following a sharp AI-driven rally in storage stocks earlier this week sparked by Seagate's strong forecast. Western Digital, whose shares have more than doubled this year, als...