SanDisk Q1 Revenue Jumps 378% YoY, Announces 8-for-1 Stock Split

The scale of the beat and the guidance step-up matter more than the split itself, which is largely cosmetic; the signal is that data center demand is now the swing factor in SanDisk's results, growing faster than the overall business. That shifts the story from a cyclical memory rebound to a question of how durable AI-driven storage demand is. The split widens the shareholder base and may change the stock's trading dynamics, but it carries no fundamental weight. The open question is whether data center growth holds as guidance implies, and how the post-split share base behaves into the November open.