Dear Reader,
Before SpaceX becomes the biggest story in the market…
Before the IPO speculation floods every headline…
Before millions of investors start piling in blind…
You need to see this.
Because what Elon Musk is actually building right now?
Has almost nothing to do with rockets.
Click here to see what I mean.
Behind the scenes, he’s quietly assembled something much bigger than SpaceX itself.
A global network…
Hundreds of locations…
Thousands of autonomous systems…
All working together to power the next phase of artificial intelligence.
I call it “AI Everywhere.”
It’s already in place.
It’s expanding rapidly.
And almost no investor has connected the dots yet.
That’s the setup.
I just recorded a short presentation breaking it all down—including:
- What this “AI Everywhere” buildout really means
- Why it could reshape the entire market
- And exactly how you can position yourself before this becomes a mainstream story
Click here to watch the full presentation now
Right now, this is still early.
But once the headlines catch up?
It won’t be.
Matt McCall
P.S. The window on stories like this closes fast. By the time CNBC is talking about it, the easy money is usually gone. Watch the full presentation here while it’s still free to access.
SanDisk Earnings Crush Estimates With 251% Revenue Surge
Submitted by Ryan Hasson. Published: 5/1/2026.
Key Points
- SanDisk's fiscal Q3 2026 revenue of $5.95 billion rose 251% year over year, easily topping the $4.55 billion consensus estimate.
- The company signed five multi-year customer agreements, with over a third of fiscal 2027 bit supply already contracted, providing durable revenue visibility.
- Despite guiding fiscal Q4 revenue of $7.75 billion to $8.25 billion, well above consensus, SNDK shares declined modestly in after-hours trading.
- Special Report: Have $500? Invest in Elon’s AI Masterplan
Sandisk (NASDAQ: SNDK) has been one of the market's most remarkable stories over the past year. Heading into its fiscal Q3 2026 earnings report on April 30, the stock had already surged nearly 360% year to date and more than 3,300% over the past year. That made it one of the most extraordinary performers in the entire market over that stretch. And the thesis behind the move has, of course, been AI-related.
The AI data center buildout is creating massive, structural demand for enterprise NAND flash storage, and Sandisk sits at the center of that trend. For a third consecutive quarter, results sharply topped estimates as the memory shortage and supply crunch continue.
The Quarter Was Extraordinary
Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company (Ad)
We’ve found The Next Elon Musk… and what we believe to be the next Tesla.
It’s already racked up $26 billion in government contracts.
Peter Thiel just bet $1 Billion on it.
π Unlock the ticker now and get it completely free.Sandisk's fiscal Q3 results were, without exaggeration, one of the strongest earnings reports of the season. Revenue came in at $5.95 billion, up 251% year over year and 97% sequentially.
The results crushed the consensus estimate of $4.55 billion and blew past the high end of management's own guidance range of $4.4 billion to $4.8 billion. Non-GAAP EPS of $23.41 beat the $14.36 consensus by 63%, up sharply from $6.20 in the prior quarter and a complete reversal from a small loss in the same quarter a year ago.
The margin story was equally compelling. GAAP gross margin expanded to 78.4%, up from just 22.5% a year earlier, a 55.9 percentage point improvement in 12 months. Non-GAAP operating margin reached 70.9%, up from 37.5% sequentially. The company ended the quarter with $3.73 billion in cash and a zero-debt balance sheet, having fully repaid its term loan. Management capped the quarter by announcing a $6 billion share buyback authorization.
The segment driving it all was Datacenter. Revenue in that segment surged 233% sequentially and 645% year over year to $1.46 billion, led by TLC products and early readiness for the upcoming QLC Stargate launch. The Edge segment, which includes client and mobile applications, more than doubled sequentially to $3.66 billion, up 295% year over year. Consumer revenue grew 44% year over year to $820 million.
A New Business Model Built for Durability
Beyond the headline numbers, the most strategically significant development from the earnings call was the progress on Sandisk's New Business Model. The company ended Q3 with three signed multi-year agreements in place and revealed that it signed two additional agreements in the fiscal fourth quarter. Collectively, these contracts are backed by firm financial commitments from customers, providing revenue visibility and earnings durability that the prior spot-market-driven model could never offer.
More than a third of fiscal 2027 bit supply is already contracted under these arrangements. CEO David Goeckeler described the quarter as a fundamental inflection point, where technology leadership is enabling a deliberate shift toward the highest-value end markets, backed by a model built for structurally higher and more durable earnings power. The numbers make that case without much further argument.
The Guidance Is Equally Impressive
If the Q3 results were exceptional, the Q4 guidance was right up there, too. Management guided fiscal Q4 revenue of $7.75 billion to $8.25 billion, versus prior consensus of $6.49 billion. Non-GAAP EPS guidance was $30 to $33, compared with prior consensus of approximately $22.70. Non-GAAP gross margin guidance of 79% to 81% implied further expansion from Q3's already elevated levels.
The Selloff and the Technical Setup
Despite all that, the stock fell in after-hours trading following the release. Heading into earnings, SNDK had already priced in significant optimism, hitting a fresh all-time high during the intraday session. After a parabolic run of that magnitude over the prior 12 months, even a report that crushes every metric can trigger profit-taking. That was especially true for SNDK, which was extended from its medium-term key simple moving averages and up almost 73% in April.
From a technical perspective, the more interesting question now is what the stock does next. After such an extraordinary run, some digestion and consolidation would be entirely healthy. A period of base-building above the rising 20-day SMA, allowing the stock to work off its overbought condition while the fundamental story continues to develop, could set up a constructive platform for the next leg.
Big-Tech Earnings: Google and Meta's Results Support Broadcom's Outlook
Submitted by Leo Miller. Published: 5/4/2026.
Key Points
- Hyperscaler earnings are critical signals for downstream partners like semiconductor giant Broadcom.
- Google's explosive cloud sales and backlog growth show that Broadcom's top customer is only growing stronger.
- Google expects significant capital expenditure increases in 2027 while Meta left this as a possibility: positive signs for Broadcom.
- Special Report: Have $500? Invest in Elon’s AI Masterplan
Top hyperscaler companies reported earnings in the final week of April and received a mixed reaction from investors. The day after reporting, Google’s parent company, Alphabet (NASDAQ: GOOGL), was the clear winner, rising by a whopping 10%. Amazon.com (NASDAQ: AMZN) took second place, but still rose by less than 1%. Meanwhile, Microsoft (NASDAQ: MSFT) and Meta Platforms (NASDAQ: META) saw significant sell-offs, falling by 4% and 8.5%, respectively.
With the exception of Amazon, there was a clear trend among these names: higher artificial intelligence (AI) capital expenditure forecasts. For semiconductor giant Broadcom (NASDAQ: AVGO), the results of Google and Meta are key to its outlook. These companies partner with Broadcom to develop and deploy custom AI chips. Luckily for Broadcom, Google and Meta’s results and outlook point to good things ahead.
Google: Broadcom’s Top Customer Crushes Earnings as Cloud Growth Soars
Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company (Ad)
We’ve found The Next Elon Musk… and what we believe to be the next Tesla.
It’s already racked up $26 billion in government contracts.
Peter Thiel just bet $1 Billion on it.
π Unlock the ticker now and get it completely free.Google was the standout among this group, with the firm posting a strong sales beat and a massive earnings per share (EPS) beat. The company’s EPS came in at $5.11, nearly double the $2.64 analysts expected.
However, it is important to note that a very large portion of this EPS beat was due to an increase in Google’s “Other Income” line item. The figure more than tripled year over year, from $11.2 billion to $37.7 billion. This primarily reflected appreciation in Google’s non-public equity investments in firms like SpaceX and Anthropic.
Nonetheless, Google’s earnings were highly impressive, as the company would have posted a strong beat even if these investments had not appreciated. For Broadcom, Google’s outperformance is key, given that the firm is its largest custom chip partner. This is particularly true, as Google Cloud, the segment from which Broadcom benefits most, stole the show.
Cloud revenue rose by 63% to over $20 billion, by far the company’s fastest growth rate among its various business lines. The company’s cloud backlog nearly doubled in just one quarter to $462 billion. The deployment of tensor processing units (TPUs), the custom chips that Google co-develops with Broadcom, will support much of this backlog. Furthermore, Google will begin selling TPUs to select customers for deployment in their own data centers. This allows it and Broadcom to unlock an alternate source of demand for the chips.
Long story short, Google Cloud is seeing rabid demand, to which Broadcom is directly tied. Additionally, Google expects only around 50% of its cloud backlog to convert into revenue over the next 24 months. This signals that demand for Broadcom’s TPUs should extend well beyond the near term.
Meta Exceeds Expectations on Strong Advertising Growth
Meta also reported strong results, beating on sales and EPS even after adjusting for unusual factors. Meta reported revenue growth of 33% year over year, its fastest pace since 2021, and better than its midpoint guidance of 30%.
Broadcom helps Meta develop its Meta Training and Inference Accelerator (MTIA) chips. These chips power Meta’s ranking and recommendation (R&R) models, helping decide what content and advertisements to show users on Meta’s apps.
Meta’s advertising business grew at a clip not seen in years, and MTIA is a significant driver behind the models creating this growth.
Meta will also deploy future versions of MTIA chips to support its generative AI inference workloads. These chips would presumably support AI offerings that are still in the early stages or that Meta has yet to release.
While it's somewhat unclear what these offerings will entail, they represent an emerging source of demand that Broadcom can benefit from.
2027: Google Expects Significant CapEx Increase, Meta Makes Encouraging Statements
Google raised the midpoint of its CapEx guidance for 2026 by 4% to $185 billion. However, this was simply to account for its $4.75 billion acquisition of Intersect, and thus doesn’t provide a clear benefit to Broadcom.
More importantly, Google said, “We expect our 2027 CapEx to significantly increase compared to 2026.” This is a very clear positive for Broadcom, showing that its top customer plans to spend more in 2027.
This supports higher demand for TPUs and Broadcom’s AI networking solutions next year.
Meta also raised its CapEx guidance for 2026 by 8% at the midpoint to $135 billion. However, the company notes that this is primarily driven by increased memory chip prices, a dynamic that Broadcom does not meaningfully benefit from.
Looking further out, though, Meta made statements that are positive for Broadcom. On Meta’s earnings call, one analyst asked for a preview of Meta’s 2027 CapEx. The company didn't directly answer the question, but Chief Financial Officer Susan Li made a critical remark.
Per Susan Li: “Our experience so far has been that we have continued to underestimate our compute needs, even as we have been ramping capacity significantly as the advances in AI have continued and our teams continue to identify compelling new projects and initiatives, and now too there are very compelling internal use cases. Our expectation is that compute will become even more central to the business going forward.”
This implies that the demand for chips (compute) is on an upward trajectory. Meta has historically underestimated its needs and continues to see new opportunities where it can deploy AI. While this is far from an admission that CapEx will rise further in 2027, it is also far from an admission that it will not.
Broadcom Maintains Its Stalwart Position in AI
Two of Broadcom’s top customers outperformed on sales, with very robust forward-looking signals coming from Google. Google explicitly stated that it expects spending to rise in 2027, while Meta left the door to increased 2027 spending wide open. Overall, these are strong signs for Broadcom going forward, indicating increased demand for its critical AI infrastructure solutions.
This email is a sponsored email from NXT Wave Research, a third-party advertiser of DividendStocks.com and MarketBeat.
If you have questions about your account, please email our U.S. based support team at contact@marketbeat.com.
If you no longer wish to receive email from DividendStocks.com, you can unsubscribe.
Copyright 2006-2026 MarketBeat Media, LLC.
345 North Reid Place, Suite 620, Sioux Falls, South Dakota 57103-7078. U.S.A..
No comments:
Post a Comment