Memory Sales Hit Record $74.6B; Sandisk Prices Could Double by 2027
SNDK•Monthly memory sales hit a record $74.6B in June, lifting Sandisk’s shares 6.8%. Analysts project memory prices could double in fiscal 2027, signaling further revenue upside for Sandisk.
1. Record Monthly Memory Sales
In June, global memory industry sales reached a record $74.6B, driven by robust demand in PCs, smartphones and data centers. This marked the highest monthly revenue ever reported for the sector, reflecting tight supply and strong end-market consumption.
2. Price Hikes Expected to Continue
Memory suppliers including Sandisk have executed rapid price increases over the past year. Analysts now forecast that average memory prices could double again in fiscal 2027, underpinned by ongoing supply constraints and accelerating digital data needs.
3. Market Reaction and Outlook
Sandisk shares jumped 6.8% on the record sales and bullish pricing outlook. Investors are focusing on potential margin expansion and elevated earnings as sustained price gains flow through the company’s P&L.
