http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 09 Jul 2026 10:18:32 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Investing/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html <p data-pm-slice="1 1 []">Investing.com -- SanDisk is trading up +6.82% at $1,844.96 in early trading Thursday after Reuters, citing an internal <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Meta Platforms</span></span> memo, revealed that Meta has locked in long-term, multi-year supply agreements covering flash storage from <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">SanDisk</span></span>, memory chips from Samsung Electronics, and fiber-optic equipment from Sumitomo Electric as part of a sweeping expansion of AI computing infrastructure.</p> <p>SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta&amp;#39;s flash storage supplier; the stock&amp;#39;s move reverses a bruising stretch that had weighed on http://www.streetinsider.com/Trader+Talk/SanDisk+surges+as+Meta+memo+confirms+multi-year+flash+storage+deal/26751579.html Thu, 09 Jul 2026 10:18:32 -0400 META SMTOY SNDK http://www.streetinsider.com/Intl+Ratings/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Intl+Ratings/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Upgrades/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Upgrades/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Analyst+Comments/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Analyst+Comments/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Intl+Ratings/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Upgrades/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Upgrades/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Analyst+Comments/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html <p>CLSA analyst Yifan Zhang upgraded Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) from Hold (3) to Outperform (2) with a price target of JPY12,000.00.</p><p>The analyst comments: “We turn positive on Sumitomo Electric Industries (SEI), supported by strong electroabsorption modulated laser (EML)/continuous wave (CW) laser volume and pricing momentum, as well as growth in miniature multi-fibre connector (MMC) connectors, which we expect to lift the Infocom OPM to 34% in FY3/27 and to 35% in FY3/28. We raise our FY3/27-28 OP forecasts by 5% and 4%, while keeping our SOTP-based target at ¥12,000 on lower peer multiples. We upgrade from Hold http://www.streetinsider.com/Analyst+Comments/CLSA+Upgrades+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+to+Outperform+%282%29/26637975.html Fri, 12 Jun 2026 06:17:22 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY15,100.00 (from JPY13,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Tue, 09 Jun 2026 07:44:51 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY15,100.00 (from JPY13,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Tue, 09 Jun 2026 07:44:51 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY15,100.00 (from JPY13,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Tue, 09 Jun 2026 07:44:51 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY15,100.00 (from JPY13,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY15%2C100+at+NomuraInstinet/26620350.html Tue, 09 Jun 2026 07:44:51 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY13,500.00 (from JPY10,700.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Tue, 19 May 2026 06:45:31 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY13,500.00 (from JPY10,700.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Tue, 19 May 2026 06:45:31 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY13,500.00 (from JPY10,700.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Tue, 19 May 2026 06:45:31 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY13,500.00 (from JPY10,700.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY13%2C500+at+NomuraInstinet/26516887.html Tue, 19 May 2026 06:45:31 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY10,700.00 (from JPY9,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Tue, 31 Mar 2026 23:39:43 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY10,700.00 (from JPY9,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Tue, 31 Mar 2026 23:39:43 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY10,700.00 (from JPY9,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Intl+Ratings/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Tue, 31 Mar 2026 23:39:43 -0400 SMTOY http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Nomura/Instinet analyst Yuji Matsumoto raised the price target on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) to JPY10,700.00 (from JPY9,500.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+PT+Raised+to+JPY10%2C700+at+NomuraInstinet/26253334.html Tue, 31 Mar 2026 23:39:43 -0400 SMTOY http://www.streetinsider.com/Intl+Ratings/CLSA+Starts+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+at+Hold+%283%29/26227392.html <p>CLSA analyst Yifan Zhang initiates coverage on Sumitomo Electric Industries Ltd (5802:JP) (OTC: SMTOY) with a Hold (3) rating and a price target of JPY10,000.00.</p> http://www.streetinsider.com/Intl+Ratings/CLSA+Starts+Sumitomo+Electric+Industries+Ltd+%285802%3AJP%29+%28SMTOY%29+at+Hold+%283%29/26227392.html Fri, 27 Mar 2026 06:05:28 -0400 SMTOY