--- title: "SanDisk’s Optimistic Outlook Boosts Asian Memory Stocks as Kioxia Jumps Over 8%, SK Hynix Rises Over 6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/295880139.md" description: "SanDisk's optimistic long-term growth targets and $94 billion in customer contracts boosted Asian memory stocks. Kioxia surged over 8% and SK Hynix rose over 6% following the news. SanDisk expects mid-to-high double-digit revenue growth through 2030 with high margins, while its new BiCS10 NAND flash enters sample delivery. The positive outlook helped smooth industry volatility, driving gains in the Nikkei 225 and South Korea's KOSPI indices." datetime: "2026-08-14T04:08:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295880139.md) - [en](https://longbridge.com/en/news/295880139.md) - [zh-HK](https://longbridge.com/zh-HK/news/295880139.md) generator: "portal-rs" --- # SanDisk’s Optimistic Outlook Boosts Asian Memory Stocks as Kioxia Jumps Over 8%, SK Hynix Rises Over 6% TradingKey - During the Asian trading session on August 14, boosted by long-term growth targets disclosed at SanDisk's (SNDK) Investor Day, shares of Asian memory chipmakers rose across the board. As of press time, in Tokyo trading, SanDisk partner Kioxia Holdings rose 3.42%, after surging over 8% earlier; SoftBank Group gained 4.14%, and Advantest added 3.2%. In Seoul trading, SK Hynix rose 3.2%, after rising over 6% in early trading; Samsung Electronics gained 0.75%. Driven by chip stocks, the Nikkei 225 Index rose 0.8%, while South Korea's KOSPI Index gained 1.43%, marking its fourth consecutive trading day of gains. \[Source: TradingView\] SanDisk disclosed at its Investor Day on August 13 that it expects revenue to maintain mid-to-high double-digit growth from FY2028 to FY2030, with a non-GAAP gross margin of around 80% and an adjusted free cash flow margin of about 50%. The company has currently signed long-term pricing agreements with eight customers, with a total contract value of approximately $94 billion. These agreements cover about two-thirds of its bit shipments in FY2028. In addition, SanDisk expects the total addressable market for enterprise data center flash memory to expand to 1.2 ZB by 2030. On the product front, the 10th-generation BiCS10 332-layer 3D NAND flash memory jointly developed by Kioxia and SanDisk has entered the sample delivery stage, with storage density increased by 59% compared to BiCS8. This is one of the first next-generation NAND flash products released by SanDisk under an independent brand following its spin-off from Western Digital (WDC). Andrew Jackson, head of Japan equity strategy at Ortus Advisors, said that a few years ago, it was almost unthinkable for NAND manufacturers to provide such precise long-term forecasts. Compared with more volatile spot prices, such long-term agreements help smooth out the memory chip industry's traditional "boom-bust" cycle. Find out more ### Related Stocks - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [YCS.US](https://longbridge.com/en/quote/YCS.US.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [6857.JP](https://longbridge.com/en/quote/6857.JP.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) ## Related News & Research - [How to Play SKHY Stock as SK hynix Looks to Build a New Plant in Japan](https://longbridge.com/en/news/297810365.md) - [SanDisk Stock Price Prediction: Head-and-Shoulders Bottom Pattern Forms, Stock Expected to Return to $2,000](https://longbridge.com/en/news/297590851.md) - [3,836 Shares in Sandisk Corporation $SNDK Purchased by United Capital Financial Advisors LLC](https://longbridge.com/en/news/297308554.md) - [South Korea says chip investments under discussion with US amid tariff concerns](https://longbridge.com/en/news/297989134.md) - [SanDisk Chief Legal Officer Bernard Shek sells 600 shares worth $915,360](https://longbridge.com/en/news/297838859.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**