Sandisk's quarterly revenue is climbing more steeply than Advanced Micro Devices' over the most recent reported periods, driven by surging AI-related demand. AMD posted steady sequential gains, rising from $7.7 billion in Q4 2024 to $11.5 billion in Q2 2026, while Sandisk's revenue jumped from $1.9 billion to $9.0 billion over the same eight-quarter span, with a notable acceleration in the first half of 2026. Sandisk's share price has returned roughly 2,900% over the past 12 months, far outpacing AMD's near tripling. AMD generated more than $34 billion in revenue in fiscal 2025, and Sandisk exceeded $20 billion in its last full fiscal year. Both companies have benefited from the AI explosion, with AMD supplying data center chips and Sandisk expanding into premium memory products for hyperscalers and cloud customers.
