U.S. stocks move | SanDisk (SNDK.US) extends gains to 14%, aiming for mid-to-high double-digit revenue growth from fiscal year 2028 to 2030

智通财经APP reported that on Thursday, SanDisk (SNDK.US) extended its gains to 14%, driving the storage sector higher. According to reports, SanDisk's Chief Financial Officer stated that the company expects to receive a total contract value of $93.9 billion from eight customers during the contract period. After investing in its business, SanDisk will return additional cash, intending to return all excess cash to shareholders. SanDisk aims to achieve mid-to-high double-digit revenue growth between fiscal years 2028 and 2030, with a projected non-GAAP gross margin of approximately 80% and a projected non-GAAP operating profit margin of approximately 75% during the same period.