SanDisk (SNDK): Corporate hostage contracts secure $94B [Q4 2026]

SanDisk delivered an astonishing 372% year-over-year revenue surge in Q4 2026, but the stock plunged 13% after hours as Wall Street incorrectly modeled a cyclical peak.In ~10 minutes:• Securing a $93.9B revenue floor via 5-year tech agreements 🔒• Deducting $1.94B in customer prepayments from free cash flow• Why datacenter bits doubled while consumer hardware shrank 32%• Earning an $807M mark-to-market gain from Nanya equityHyperscalers have realized that AI inference is fundamentally a storage bottleneck, forcing them to lock in cash-collateralized multi-year contracts just to guarantee hardware. We break down how management used this unprecedented pricing leverage to hoard inventory, authorize a massive $14B stock buyback, and flip the notoriously volatile memory cycle completely on its head.Company: SanDisk (SNDK) | Q4 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.