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SanDisk, Western Digital Made Eye-popping Earnings Beat. Will the Upward Trend Last?

$闪迪 (SNDK.US)$ and $西部数据 (WDC.US)$ posted higher fiscal 3Q profits, reporting ravenous demand for their data storage products amid the rapid Show More
$闪迪 (SNDK.US)$ and $西部数据 (WDC.US)$ posted higher fiscal 3Q profits, reporting ravenous demand for their data storage products amid the rapid buildout of AI data centers.
$闪迪 (SNDK.US)$'s transcript seems perfect: adjusted gross margin hit 78%. Adjusted earnings per share were $23.41, well ahead of Wall Street's consensus estimate of $14.62. Revenue reached nearly $6 billion, beating expectations of $4.72 billion, and up 251% on the year.
$闪迪 (SNDK.US)$ reversed pre-market courses and closed up 8% on first day of May.
Will memory stocks' momentum last?
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