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The split was completed on February 24, 2025, with Sandisk Corporation relisted on the [[Nasdaq]] for the first time since its 2016 acquisition by WD (under the same ticker symbol from its 1995 IPO to its 2016 acquisition by WD, SNDK), and WD CEO David Goeckeler moving to the new company. WD continues to hold an equity stake in Sandisk,[{{Cite web |last=Kovar |first=Joseph F. |title=Western Digital Splits In Two As Sandisk Reemerges |url=https://www.crn.com/news/storage/2025/western-digital-splits-in-two-as-sandisk-reemerges |access-date=2025-02-25 |website=CRN.com}}] but had trimmed it to around $1 billion by early 2026 and planned to sell it all off over time.[{{Cite web |last=Singh Pardesi |first=Rajveer |date=18 February 2026 |title=Western Digital to sell partial Sandisk stake for $3.17 billion to cut debt |url=https://www.reuters.com/business/western-digital-sell-317-billion-stake-sandisk-2026-02-18/ |access-date=18 February 2026 |quote=The sale will leave Western Digital with a stake of nearly $1 billion, according to Reuters calculations, which the company intends to dispose of eventually.}}] In January 2026, it was announced that the WD-branded "Blue" and "Black" SSDs products by Sandisk would be rebranded as "Sandisk Optimus" and "Optimus GX" respectively, maintaining the same model numbers.[{{Cite web |last=Cunningham |first=Andrew |date=2026-01-05 |title=SanDisk says goodbye to WD Blue and Black SSDs, hello to new “Optimus” drives |url=https://arstechnica.com/gadgets/2026/01/sandisk-says-goodbye-to-wd-blue-and-black-ssds-hello-to-new-optimus-drives/ |access-date=2026-01-06 |website=Ars Technica |language=en}}] |
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The split was completed on February 24, 2025, with Sandisk Corporation relisted on the [[Nasdaq]] for the first time since its 2016 acquisition by WD (under the same ticker symbol from its 1995 IPO to its 2016 acquisition by WD, SNDK), and WD CEO David Goeckeler moving to the new company. WD continues to hold an equity stake in Sandisk,[{{Cite web |last=Kovar |first=Joseph F. |title=Western Digital Splits In Two As Sandisk Reemerges |url=https://www.crn.com/news/storage/2025/western-digital-splits-in-two-as-sandisk-reemerges |access-date=2025-02-25 |website=CRN.com}}] but had trimmed it to around $1 billion by early 2026 and planned to sell it all off over time.[{{Cite web |last=Singh Pardesi |first=Rajveer |date=18 February 2026 |title=Western Digital to sell partial Sandisk stake for $3.17 billion to cut debt |url=https://www.reuters.com/business/western-digital-sell-317-billion-stake-sandisk-2026-02-18/ |access-date=18 February 2026 |quote=The sale will leave Western Digital with a stake of nearly $1 billion, according to Reuters calculations, which the company intends to dispose of eventually.}}] In January 2026, it was announced that the WD-branded "Blue" and "Black" SSDs products by Sandisk would be rebranded as "Sandisk Optimus" and "Optimus GX" respectively, maintaining the same model numbers.[{{Cite web |last=Cunningham |first=Andrew |date=2026-01-05 |title=SanDisk says goodbye to WD Blue and Black SSDs, hello to new “Optimus” drives |url=https://arstechnica.com/gadgets/2026/01/sandisk-says-goodbye-to-wd-blue-and-black-ssds-hello-to-new-optimus-drives/ |access-date=2026-01-06 |website=Ars Technica |language=en}}] |
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The company's stock will be re-added to the [[Nasdaq-100]] index on April 20, 2026.[https://ir.nasdaq.com/news-releases/news-release-details/sandisk-corporation-join-nasdaq-100-indexr-beginning-april-20] |
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The company's stock was re-added to the [[Nasdaq-100]] index on April 20, 2026.[https://ir.nasdaq.com/news-releases/news-release-details/sandisk-corporation-join-nasdaq-100-indexr-beginning-april-20] |
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