NVIDIA Corporation (NVDA) shares have seen only a 5.4% increase this year due to unmet earnings expectations and concerns over geopolitical issues affecting supply chains and U.S. export restrictions on chip sales to China. As the company faces challenges in the competitive AI market, investors are advised to consider alternatives like Sandisk Corporation (SNDK) and Western Digital Corporation (WDC), which have shown substantial growth.
Sandisk’s fiscal third quarter of 2026 revenues reached $5.95 billion, with projected fourth-quarter revenues between $7.75 billion and $8.25 billion, indicating a 97% sequential growth. Western Digital expects fourth-quarter revenues of approximately $3.65 billion, up from $3.34 billion in the previous quarter, supported by a 45% year-over-year increase in AI-driven demand for storage solutions. Both companies forecast significant earnings growth rates of 2,111% for Sandisk and 104% for Western Digital for the current year.
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