$Western Digital(WDC)$ SNDK beat estimates on EPS and revenue last quarter, topping the highest EPS estimate. They guided Q2 EPS above the average at $56 vs $53.60, and revenue above the average at $12.4B vs $12.31B. Gross margins came in above 85%. They also announced an 8-for-1 stock split and are still running the buyback.
One of the more notable comments: "NBM pipeline exceeds our supply through the end of the decade."
No cyclicity on the horizon.
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