- SanDisk (SNDK) guides on its CC for Q2 revenue of $1.55B-$1.625B and 2014 revenue of $6.4B-$6.8B, in-line with consensus forecasts of $1.58B and $6.66B.
- But following a strong Q1, the NAND flash giant's 2014 gross margin forecast has been hiked to 47%-49% from a prior 45%-48%.
- Rival Micron (MU) is getting a lift from the forecast, much as SanDisk gained last month following Micron's numbers.
- SanDisk's Q1 results, details
at CNBC.com (Nov 17, 2014)