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Sandisk Corporation releases joint High Bandwidth Flash technical specification with SK hynix to target AI memory solutions.

Sandisk Corporation has partnered with SK hynix to release a new High Bandwidth Flash (HBF) technical specification through the Open Compute Project. The new standard targets AI-focused memory solutions for data centers and AI inference systems, addressing the demands for higher memory bandwidth and energy efficiency in servers and custom accelerators. This move positions Sandisk Corporation at the intersection of storage, memory, and large-scale compute. By pursuing an open standard rather than a proprietary path, the company highlights its collaborative approach to infrastructure. The announcement includes plans for an upcoming conference keynote and panel to discuss how chipmakers, cloud platforms, and and hardware vendors will incorporate HBF into future system designs. While the stock has seen a 26.2% decline over the last 30 days, it currently trades at approximately 42% below the consensus analyst price target. The HBF specification reinforces Sandisk Corporation's role in the AI-led market rebound.

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