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AI News from ET - Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback

Vishwadeep Khatri
in AI News & Two Lenses

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Sandisk has reported a significant surge in revenue and profit. The company has secured long-term contracts worth at least $42 billion. This move aims to stabilize its business against price fluctuations. Sandisk also plans a substantial $6 billion share buyback program.

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