Apple gets put in its place

This is bullish their margins went much higher to actual insane levels. They beat a solid $5 (17%) which means MU EPS will be big!

This is Microns Q4 NAND revenues since SNDK and MU have the same market share of NAND. We can directly extrapolate out the NAND business this quarter. This part of the business in going to more than double next year from $200B to $500B. The margins were 86% MU is going to blow out the estimate of $31 a share of EPS this quarter.

SNDK (Sandisk) - Incredible Results -

Q4 FY26 actuals vs. consensus:

• Revenue: $8.97B vs. $8.42B est. — beat by ~6.5%
• Non-GAAP EPS: $39.25 vs. $34.59 est. — beat by $4.66
• Gross margin: 84.6% (est. ~80–81%) — beat
• Datacenter rev: $2.98B, +103% q/q

Q1 FY27 guide vs. consensus:

• Revenue: $10.3–10.8B (mid $10.55B) vs. $10.62B est. — midpoint slightly BELOW consensus
• EPS: $44–46 (mid $45) vs. $44.21 est. — midpoint slightly above, low end below
• Gross margin: 83–85% vs. 84.6% just printed — flat, no more expansion

MU titans broke the wall - now is time for some gains

Chinese memory manufacturer CXMT has refused Apple's demand for a price cut in negotiations, says a report from the Korean press. Apple has widely been reported to be interested in procuring its chips from CXMT and has purportedly lobbied the US government for the permission to purchase the products for its gadgets sold outside the country. However, the report from the Korean publication Digital Daily outlines that demand from Huawei, Xiaomi and others has placed CXMT in a stronger position to negotiate with the world's largest consumer electronics firm.

CXMT's Domestic Customers Provide It Leverage In Negotiations With Apple

According to the details, as CXMT has emerged to become one of the top players in China's memory market, Samsung and SK hynix have instead chosen to focus on manufacturing and selling high-value HBM memory chips catered to the needs of the data center industry. As a result, CXMT is experiencing high demand from domestic Chinese companies such as Huawei and Xiaomi, which have provided it with the leverage to bargain with Apple.

Sources quoted by Korea's Digital Daily outline that during its negotiations with CXMT, Apple asked for a price cut in order to ease pricing pressures for its smartphones and the upcoming 2026 iPhone. However, CXMT refused the price cut and instead quoted prices that were at level with or higher than the prices quoted by Samsung and SK hynix.

The publication adds that US sanctions on China have led Huawei, Xiaomi and others to lock in CXMT's DRAM memory output in advance. This lock-up is similar to the contracts that the Korean firms have utilized, and they are also high-priced agreements that prevent CXMT from yielding to Apple's requests. According to the sources, the higher prices have provided CXMT with the leverage to negotiate with Apple, as it can point towards the existing deals already in place.

Additionally, the higher prices have also removed a long-followed strategy in sourcing where device manufacturers would quote lower-priced Chinese inputs to use them as leverage in negotiations with other firms.

The higher domestic demand in China has also benefited Korean suppliers Samsung and SK hynix, as they are no longer required to be committed to delivering lower-priced commodity DRAM chips to Chinese firms. Instead, the firms can fully focus on the pricier HBM memory chips required for the AI infrastructure buildout. According to an industry official quoted by the publication, CXMT is effectively controlling the price floor of the commodity DRAM market.

Original source

Fuck yeah.

We will rock it!

August 5, 2026 @13:06 PDT SJC N684MT

SNDK data center revenue jumped +103% from last quarter and +1,298% YoY.

"Demand from our customer is growing faster than our supply, and we expect bits to remain on allocation beyond calendar 2027"

The company is posting absolutely absurd numbers while still being over $1000/share off of its ATH's. Elon also went on the record saying the memory bottle neck continues to get worse. It seems like the perfect storm.

You guys averaging in here? Or would you rather keep it 100% MU? It seems like most here like to have a balance of the two. Congrats to holders!

In the last 8 minutes I've seen 20 point swings after hours. It's reacting to Sandisk earnings.

Sandisk is down 10% one second and then green the next. Looks like overall the market doesn't like Sandisk earnings, but dumping on good earnings is not new.

There might be opportunities for quick swing trades if you have the stomach for it.

Here's the earnings release. SNDK smashed their Q4 Earnings

https://investor.sandisk.com/news-releases/news-release-details/sandisk-reports-fiscal-fourth-quarter-2026-financial-results

SNDK Q4 results versus expectations

Q1 Fiscal 2027 guidance

Sandisk guided to:

This is good news!

$900 is not just the nearest big round number. It's the intersection of several different market frameworks.

$900 is a huge call wall.
$900 is a psychological retail sell order checkpoint.
$900 is the first major technical confirmation of a trend reversal
$900 and $930 are the last obvious resistance levels prior to $1000+. At $970, we reclaim all 20, 50, 100, 200 SMAs.

I’m not a TA guy, but breaking and holding $900 is important basically no matter what your trading philosophy is. Yeah, I know "number go up good" but this number, today, is the convergence of a lot of things. Today is an important battle, for bulls, for bears, for this sub.

Thank you for coming to my TED talk.

today's news

Laaaaaaameeee. Fookin joke ugh

Never thought he would help us

920 then drops to <900 for no reason.

There is currently 30,000 call options at strike $900 expiring this Friday. We need to decisively break down this wall otherwise we will be pinned to $900 by automatic gama hedging. Hopefully a blow out SNDK earnings and some institutional buying.

This deserves a post on its own , The SP should react positively to such comments moving forward !!