$SanDisk Corp.(SNDK)$ A few key points to consider.
The $42 billion in contracted AI-related revenue, along with the shift in pricing terms, gives Sandisk more predictable demand and earnings visibility.
Moving forward, it's worth watching how much of the future contract volume is tied to AI workloads, the renewal rates on existing deals, and how the $1,980.10 price tracks against earnings and cash flow over time.
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