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a debt-for-equity swap with affiliates of J.P. Morgan and Bank of America. The transaction, which prices roughly 5.8 million shares at around $545 each for about $3.17 billion, is designed to accelerate deleveraging and sharpen Western Digital’s focus on its core hard-disk drive business.Why Citi Analysts Think You Should Buy Microsoft Stock NowNetflix Investors Breathe Sigh of Relief: $83 Billion WBD Deal In DOJ CrosshairsStanley Druckenmiller Just Exited Sandisk Stock. Should You Buy SNDK After Its Blowout Earnings?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!This strategic divestiture occurred against a backdrop of extraordinary performance for SanDisk since becoming an independent public company in early 2025; its shares have soared more than a thousand percent amid booming demand for NAND flash driven by AI and data-center growth.Given this backdrop, what should be your move?SanDisk Corporation is a leading data storage and flash memory company headquartered in Milpitas, California. The company designs, develops, and manufactures a broad portfolio of NAND flash storage products, including solid-state drives (SSDs), memory cards, USB flash drives, and embedded storage solutions. Founded in 1988, SanDisk has a long history of innovation in flash technology and, following its spin-off from Western Digital in 2025, operates as an independent publicly traded company listed on the NASDAQ. The company’s market cap has expanded dramatically, with its current standing at $95.9 billion.Since its spin-off and listing on the Nasdaq on Feb. 24, 2025, SanDisk’s stock has delivered an extraordinary rally as investor enthusiasm quickly mounted as the company benefited from surging demand for NAND flash memory driven by AI infrastructure and enterprise storage growth.The stock has experienced a meteoric run, hitting a high of $725 on Feb. 3, while total returns since its IPO is 1,223%, far outpacing broader markets.However, SanDisk has seen recent dips tied directly to news of Western Digital’s share sale. 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