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Calls 2028 convertible notes for redemption; expects substantially all to convert, with principal paid in cash and any excess in shares.
Agreed to exchange convertible notes due 2028 for cash plus common shares covering the remaining conversion value.
Cloud demand, higher-capacity HDDs and better pricing lifted margins; Sandisk gains inflated reported earnings.
Growing storage demand and operational execution lifted margins; gains on the retained Sandisk stake boosted GAAP earnings.
Coverage: 10-K, 10-Q and 8-K filings filed since Jul 9, 2026.
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Company data: Wikidata Q738770
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