Sandisk Regains Independence As Western Digital Plans Full Exit

NodeGuardian · 2026-02-26T23:29:00+00:00

Western Digital is divesting its stake in Sandisk via a secondary public offering and debt-for-equity exchange, enabling Sandisk to focus on AI and cloud storage independently. This move may lead to share price volatility.

NodeGuardian

2026-02-26 23:29:00

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Western Digital is exiting its stake in Sandisk through a large secondary public offering and a concurrent debt for equity exchange. This move shifts Sandisk to an independent NAND specialist, allowing it to pursue AI and cloud storage demands. While the exit removes a concentrated corporate owner and clarifies ownership, investors should watch for potential share price volatility from future block sales and the company’s use of its shelf registration.

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