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SanDisk raises forecast as memory chip prices bounce back

(Reuters) - SanDisk Corp <SNDK.O> raised its full-year revenue and gross margin forecasts, confident of a sustained rebound in the price of the flash memory chips it sells to Apple Inc <AAPL.O> and other manufacturers of smartphones and tablets.Full story

SanDisk 2Q net income bounces back; shares rise

Flash-memory chip maker SanDisk Corp. said Wednesday that its net income bounced back in the second quarter, sending its shares up more than 6 percent in after-hours trading. Full story

SanDisk to buy Smart Storage for about $307M

SanDisk is spending $307 million to acquire Smart Storage Systems, a developer of enterprise solid-state memory drives, Full story

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  Earnings Scorecard Update: TSM, SNDK, SHW

The CNBC "Earnings Squad" dissect the numbers to give investors an in-depth look at the earnings stories they may have missed. Today, the crew takes a look at Taiwan Semiconductor, SanDisk, and Sherwin-Williams.

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Related Photos

A shopper poses with a SanDisk memory card beside a Samsung camera in Hong Kong
A shopper poses with a SanDisk memory card beside a Samsung camera in Hong Kong

A shopper poses with a SanDisk memory card beside a Samsung camera in Hong Kong September 17, 2008. REUTERS/Bobby Yip