Full-Time
Updated on 9/4/2026
Develops NAND-based storage devices and solutions
No salary listed
Bengaluru, Karnataka, India
In Person
Bachelor's
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SanDisk designs and makes data storage devices and solutions based on NAND flash memory. Its products include solid-state drives (SSDs), embedded storage, removable memory cards, and USB drives that store and move data. The way they work is by using NAND flash memory with controllers and firmware to manage data storage and access, delivering fast, reliable storage for computers, servers, edge devices, and consumer devices. SanDisk differentiates itself with a broad, continuously expanding product lineup that serves both consumer and enterprise markets, including AI workloads in data centers and at the edge, aiming to provide dependable, scalable flash storage across different use cases. The company’s goal is to help people and organizations store, analyze, and access data efficiently by offering high-capacity, high-performance storage solutions.
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$313M
Headquarters
Milpitas, California
Founded
1988
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Hybrid Work Options
Remote Work Options
Flexible Work Hours
Phone/Internet Stipend
Home Office Stipend
Professional Development Budget
Conference Attendance Budget
Wellness Program
Mental Health Support
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Employee Discounts
Gym Membership
Commuter Benefits
Tuition Reimbursement
Tuition Reimbursement
Micron Technology and SanDisk shares jumped 5% and 8% respectively on Friday, despite a strong US jobs report that briefly pushed Federal Reserve rate hike odds above 50%. The US economy added 162,000 jobs in August, nearly triple expectations, sending Treasury yields higher and pressuring broader markets. The memory chip makers outperformed as semiconductor shortages continued to drive prices higher. Susquehanna expects DRAM contract prices to rise over 50% this quarter, whilst NAND prices could climb about 60%. Dell's COO highlighted persistent supply constraints across DRAM and NAND chips during the company's earnings call. The rally contrasted with rate-sensitive sectors like gold miners, which fell 1.9%, underscoring unusual strength in memory stocks despite hawkish market repricing.
Sandisk reported 371% year-over-year revenue growth in its recent quarter, driven by AI demand and a strategic shift to long-term customer agreements. The flash memory storage company posted a 78% operating margin for the quarter ended 3 July 2026. In contrast, Qualcomm is experiencing gradual revenue decline despite its strong position in wireless communication technologies. The company recorded a 17% operating margin for the quarter ended 28 June 2026. Sandisk's transformation over the past 18 months moved it away from quarterly price negotiations towards long-term contracts, reducing business cyclicality whilst improving revenue visibility. Qualcomm is transitioning to serve the data centre market, where its wireless connectivity expertise could drive future growth and potentially reverse its current revenue trend.
SanDisk and Japanese partner Kioxia announced plans to invest over $31 billion in Japan over six years to expand NAND flash capacity for AI applications. The investment includes roughly $11.3 billion for a new facility at Kioxia's Kitakami plant to produce tenth-generation BiCS Flash. SanDisk shares closed at $1,484.98 on Friday, up 526% year to date. The company has signed new business model agreements with eight data centre and edge customers, with a weighted average duration of over four years. CEO David Goeckeler said revenue visibility stretched from three months a year ago to over four years. The backlog includes $91.1 billion in remaining performance obligations, backed by $16.5 billion in customer financial guarantees. Fiscal fourth-quarter revenue reached $8.96 billion, up 372% year over year.
SanDisk has laid off dozens of R&D employees at its Israeli development centres in Kfar Saba, Tefen, and Omer, according to reports. The sites employ approximately 700 people. The cuts come as SanDisk experiences exceptional growth, with shares up 2,809% over the past year. The flash-memory maker reported fiscal Q4 revenue of $8.96 billion, up 372% year-over-year, whilst EPS of $38.82 exceeded Wall Street's $33.28 estimate. Data centre revenue more than doubled from the prior quarter to $2.98 billion. SanDisk expects up to $10.8 billion in revenue this quarter and is targeting roughly 80% gross margins through fiscal 2030. The layoffs appear part of a cost-efficiency initiative, as GAAP operating expenses fell 1% from the prior quarter to $545 million.
SanDisk stock has fallen approximately 35% from its late June peak, despite remaining the best-performing S&P 500 component in 2026. The memory chip maker has benefited from a significant shortage driven by AI data centre demand. The company's most recent quarter saw revenue surge 51% quarter-over-quarter and 372% year-over-year. Two-thirds of this growth came from higher prices, with the remainder from increased production. SanDisk produces NAND memory chips, a commoditised market where current supply constraints have driven prices sharply higher. Input costs have remained stable whilst selling prices have soared. The shortage is expected to persist, as building new production facilities takes years and AI hyperscalers show no signs of reducing demand. New capacity may be immediately absorbed by these large purchasers.