Sandisk Commits $1B To Nanya In Strategic Chip Sector Bet

Sandisk completed a private placement deal with Nanya Technology Corp., aiming to secure a minority stake as part of a wider partnership.
In this photo illustration, the SanDisk Corporation logo is displayed on a smartphone screen.
In this photo illustration, the SanDisk Corporation logo is displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
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Shivani Kumaresan·Stocktwits
Published Mar 25, 2026   |   6:50 AM EDT
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Sandisk Corp. (SNDK) is deepening its presence in the semiconductor sector through a $1 billion equity investment in Taiwan-based memory manufacturer Nanya Technology as the race in the memory chip market heats up.  

On Wednesday, Sandisk finalized a private placement arrangement with Nanya Technology Corp. to acquire a minority stake in the Taiwanese firm as part of a broader collaboration.

Under the terms, Sandisk will purchase roughly 139 million newly issued shares in Nanya, committing close to $1 billion for the stake.

Sandisk stock inched 0.7% higher in Wednesday’s premarket. 

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