{"id":644662,"date":"2026-06-18T06:07:18","date_gmt":"2026-06-18T13:07:18","guid":{"rendered":"https:\/\/nai500.com\/?p=644662"},"modified":"2026-06-18T06:07:18","modified_gmt":"2026-06-18T13:07:18","slug":"%e6%9a%b4%e6%b6%a8-5655-%e7%9a%84-sandisk%ef%bc%8c%e8%bf%98%e6%b2%a1%e8%a7%81%e9%a1%b6%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/06\/%e6%9a%b4%e6%b6%a8-5655-%e7%9a%84-sandisk%ef%bc%8c%e8%bf%98%e6%b2%a1%e8%a7%81%e9%a1%b6%ef%bc%9f\/","title":{"rendered":"\u66b4\u6da8 5655% \u7684 SanDisk\uff0c\u8fd8\u6ca1\u89c1\u9876\uff1f"},"content":{"rendered":"<p>2025 \u5e74 2 \u6708\u4ece\u897f\u90e8\u6570\u636e\u5206\u62c6\u3001\u4ee5\u72ec\u7acb\u4e3b\u4f53\u91cd\u8fd4\u7eb3\u65af\u8fbe\u514b\u4ee5\u6765\uff0c\u5b58\u50a8\u82af\u7247\u5382\u5546<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=SNDK\"> SanDisk\uff08SNDK\uff09<\/a>\u8d70\u51fa\u4e86\u7f8e\u80a1\u53f2\u4e0a\u7f55\u89c1\u7684\u5355\u5e74\u725b\u5e02\u884c\u60c5\u3002\u8be5\u80a1\u80a1\u4ef7\u8f83\u5206\u62c6\u521d\u671f\u7d2f\u8ba1\u6da8\u5e45\u5df2\u7a81\u7834 5655%\u2014\u2014 \u4e0a\u5e02\u9996\u65e5\u6295\u5165\u7684 1000 \u7f8e\u5143\uff0c\u5982\u4eca\u5bf9\u5e94\u5e02\u503c\u5df2\u8d85 5.7 \u4e07\u7f8e\u5143\u3002<\/p>\n<p>\u5c31\u5728 6 \u6708\u4e2d\u65ec\u521b\u4e0b 2167 \u7f8e\u5143\u7684\u5386\u53f2\u65b0\u9ad8\u540e\uff0c\u8be5\u80a1\u66fe\u4e24\u4e2a\u4ea4\u6613\u65e5\u5185\u56de\u64a4\u8d85 11%\uff0c\u5267\u70c8\u9707\u8361\u5c06\u5e02\u573a\u5206\u6b67\u63a8\u5411\u9876\u70b9\uff1a\u8fd9\u6ce2\u7531 AI \u5b58\u50a8\u7ea2\u5229\u9a71\u52a8\u7684\u53f2\u8bd7\u7ea7\u4e0a\u6da8\uff0c\u7a76\u7adf\u4ecd\u6709\u4e0a\u884c\u7a7a\u95f4\uff0c\u8fd8\u662f\u5df2\u7ecf\u4e34\u8fd1\u884c\u60c5\u9876\u70b9\uff1f<\/p>\n<h2>AI \u5b58\u50a8\u4f9b\u9700\u9519\u914d \u4e1a\u7ee9\u4e0e\u957f\u5355\u5f62\u6210\u53cc\u91cd\u652f\u6491<\/h2>\n<p>SanDisk \u80a1\u4ef7\u7684\u72c2\u98d9\uff0c\u672c\u8d28\u662f AI \u7b97\u529b\u7206\u53d1\u4e0b\u5b58\u50a8\u884c\u4e1a\u4f9b\u9700\u683c\u5c40\u53cd\u8f6c\u7684\u96c6\u4e2d\u4f53\u73b0\u3002<\/p>\n<p>\u968f\u7740\u4e9a\u9a6c\u900a\u3001\u5fae\u8f6f\u3001\u8c37\u6b4c\u7b49\u79d1\u6280\u5de8\u5934\u52a0\u901f AI \u6570\u636e\u4e2d\u5fc3\u6269\u5efa\uff0c\u9ad8\u901f\u95ea\u5b58\u7684\u9700\u6c42\u5448\u7206\u53d1\u5f0f\u589e\u957f\u3002\u4f20\u7edf\u673a\u68b0\u786c\u76d8\uff08HDD\uff09\u4ea7\u80fd\u4e25\u91cd\u53d7\u9650\uff0c\u4ea4\u4ed8\u5468\u671f\u5df2\u62c9\u957f\u81f3 2027 \u5e74\u5e95\uff0c\u5934\u90e8\u5382\u5546\u5df2\u5f00\u542f 2028 \u5e74\u4ea7\u80fd\u5206\u914d\uff0c\u5012\u903c\u4e0b\u6e38\u5ba2\u6237\u52a0\u901f\u8f6c\u5411 NAND \u95ea\u5b58\u56fa\u6001\u786c\u76d8\uff08SSD\uff09\u586b\u8865\u7f3a\u53e3\u3002\u4f9b\u7ed9\u7aef\uff0c\u5168\u7403\u4e3b\u6d41\u5b58\u50a8\u5382\u5546\u4e3a\u8ffd\u9010\u66f4\u9ad8\u5229\u6da6\u7387\uff0c\u7eb7\u7eb7\u5c06\u4ea7\u80fd\u8f6c\u5411\u9ad8\u5e26\u5bbd\u5185\u5b58\uff08HBM\uff09\uff0c\u884c\u4e1a\u6d4b\u7b97\u663e\u793a 2027 \u5e74\u5168\u7403 NAND \u95ea\u5b58\u4ea7\u80fd\u8f83 2022 \u5e74\u5cf0\u503c\u6216\u5c06\u4e0b\u6ed1 40%\uff0c\u4f9b\u9700\u7f3a\u53e3\u6709\u671b\u6301\u7eed\u6269\u5927\u3002<\/p>\n<p>\u884c\u4e1a\u7ea2\u5229\u5df2\u76f4\u63a5\u5151\u73b0\u4e3a\u4e1a\u7ee9\u7206\u53d1\u30022026 \u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0cSanDisk \u5355\u5b63\u8425\u6536\u8fbe 59.5 \u4ebf\u7f8e\u5143\uff0c\u73af\u6bd4\u8fd1\u4e4e\u7ffb\u500d\uff1b\u975e GAAP \u6bdb\u5229\u7387\u5347\u81f3 78.4%\uff0c\u540c\u6bd4\u6fc0\u589e\u8d85 55 \u4e2a\u767e\u5206\u70b9\uff0c\u521b\u4e0b\u5168\u7403\u5b58\u50a8\u884c\u4e1a\u6bdb\u5229\u7387\u5386\u53f2\u65b0\u9ad8\u3002\u66f4\u5173\u952e\u7684\u662f\uff0c\u516c\u53f8\u5df2\u7b7e\u4e0b\u591a\u4efd\u591a\u5e74\u671f\u4f9b\u5e94\u534f\u8bae\uff0c\u5728\u624b\u8ba2\u5355\u603b\u989d\u8fbe 420 \u4ebf\u7f8e\u5143\uff0c2026 \u5e74\u4ea7\u80fd\u5df2\u5168\u90e8\u552e\u7f44\uff0c2027 \u5e74\u4ea7\u80fd\u4e5f\u5df2\u9501\u5b9a\u8d85\u4e09\u5206\u4e4b\u4e00\uff0c\u5927\u5e45\u5e73\u6ed1\u4e86\u77ed\u671f\u5468\u671f\u6ce2\u52a8\u98ce\u9669\u3002<\/p>\n<p>\u534e\u5c14\u8857\u673a\u6784\u8fd1\u671f\u5bc6\u96c6\u4e0a\u8c03\u76c8\u5229\u9884\u671f\u3002\u745e\u7a57\u8bc1\u5238\u7ed9\u51fa 2200 \u7f8e\u5143\u76ee\u6807\u4ef7\uff0c\u5224\u65ad 2028 \u5e74\u524d NAND \u95ea\u5b58\u96be\u6709\u5b9e\u8d28\u6027\u65b0\u589e\u4f9b\u7ed9\uff1b\u7f8e\u56fd\u94f6\u884c\u5c06\u76ee\u6807\u4ef7\u4e0a\u8c03\u81f3 2100 \u7f8e\u5143\uff0c\u8ba4\u4e3a\u4ef7\u683c\u4e0a\u884c\u5c06\u6301\u7eed\u63a8\u5347\u516c\u53f8\u76c8\u5229\u6c34\u5e73\u3002\u6309\u5e02\u573a\u4e00\u81f4\u9884\u671f\uff0c2028 \u8d22\u5e74 SanDisk \u6bcf\u80a1\u6536\u76ca\u6709\u671b\u8fbe\u5230 188.78 \u7f8e\u5143\uff0c\u5373\u4fbf\u4f30\u503c\u7ef4\u6301\u4e0e\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u76f8\u5f53\u7684\u6c34\u5e73\uff0c\u5bf9\u5e94\u80a1\u4ef7\u4ecd\u53ef\u8fbe 5098 \u7f8e\u5143\uff0c\u8f83\u5f53\u524d\u4ef7\u4f4d\u4ecd\u6709\u8d85 150% \u7684\u4e0a\u884c\u7a7a\u95f4\u3002<\/p>\n<h2>\u5468\u671f\u5c5e\u6027\u96be\u9006 \u9ad8\u4f4d\u4f30\u503c\u6697\u85cf\u56de\u8c03\u538b\u529b<\/h2>\n<p>\u770b\u591a\u903b\u8f91\u4e4b\u5916\uff0c\u5b58\u50a8\u884c\u4e1a\u7684\u5f3a\u5468\u671f\u6027\u4e0e\u5f53\u524d\u7684\u9ad8\u4f30\u503c\u59cb\u7ec8\u662f\u60ac\u5728 SanDisk \u5934\u9876\u7684\u6838\u5fc3\u98ce\u9669\u3002<\/p>\n<p>\u5b58\u50a8\u884c\u4e1a\u7684\u4f9b\u9700\u7f3a\u53e3\u5e76\u975e\u6c38\u4e45\u72b6\u6001\u3002\u968f\u7740\u540e\u7eed\u4ea7\u80fd\u9010\u6b65\u6295\u653e\u4e0e AI \u9700\u6c42\u589e\u901f\u8fb9\u9645\u653e\u7f13\uff0c\u4f9b\u9700\u7ec8\u5c06\u56de\u5f52\u5e73\u8861\uff0cSanDisk \u7684\u5b9a\u4ef7\u6743\u5c06\u968f\u4e4b\u5f31\u5316\uff0c\u5f53\u524d\u5904\u4e8e\u5386\u53f2\u9ad8\u4f4d\u7684\u5229\u6da6\u7387\u5fc5\u7136\u9762\u4e34\u538b\u7f29 \u2014\u2014 \u800c\u8d85\u9ad8\u76c8\u5229\u9884\u671f\u6b63\u662f\u652f\u6491\u672c\u8f6e\u80a1\u4ef7\u66b4\u6da8\u7684\u6838\u5fc3\u652f\u67f1\u3002\u7ecf\u5386\u4e00\u5e74\u8d85 50 \u500d\u7684\u6da8\u5e45\u540e\uff0c\u5f53\u524d\u80a1\u4ef7\u5df2\u8fd1\u4e4e\u8ba1\u5165\u6240\u6709\u5229\u597d\u9884\u671f\uff0c\u5904\u4e8e \u201c\u5b9a\u4ef7\u63a5\u8fd1\u5b8c\u7f8e\u201d \u7684\u72b6\u6001\uff0c\u4efb\u4f55\u8fb9\u9645\u5229\u7a7a\u90fd\u53ef\u80fd\u5f15\u53d1\u80a1\u4ef7\u5927\u5e45\u6ce2\u52a8\u3002<\/p>\n<p>\u622a\u81f3 6 \u6708 17 \u65e5\uff0cSanDisk \u603b\u5e02\u503c\u5df2\u63a5\u8fd1 2950 \u4ebf\u7f8e\u5143\uff0c\u52a8\u6001\u5e02\u76c8\u7387\u8d85 65 \u500d\uff0c\u663e\u8457\u9ad8\u4e8e\u79d1\u6280\u786c\u4ef6\u884c\u4e1a\u4e2d\u4f4d\u6c34\u5e73\u3002\u5c3d\u7ba1\u516c\u53f8\u901a\u8fc7\u957f\u5355\u6a21\u5f0f\u8bd5\u56fe\u5f31\u5316\u5468\u671f\u5c5e\u6027\uff0c\u4f46\u5b58\u50a8\u884c\u4e1a\u7684\u5468\u671f\u8f6e\u56de\u4ece\u672a\u88ab\u5f7b\u5e95\u6253\u7834\uff0c\u672c\u8f6e\u4e0a\u884c\u5468\u671f\u7ec8\u6709\u8f6c\u5411\u7684\u4e00\u5929\uff0c\u53ea\u662f\u62d0\u70b9\u5230\u6765\u7684\u65f6\u95f4\u5c1a\u672a\u660e\u786e\u3002<\/p>\n<p>\u4e0a\u5e02\u4ee5\u6765\uff0cSanDisk \u80a1\u4ef7\u7684\u9ad8\u6ce2\u52a8\u6027\u5df2\u6709\u5145\u5206\u663e\u73b0\u3002\u9664\u672c\u6b21\u5355\u65e5\u8d85 11% \u7684\u56de\u8c03\u5916\uff0c6 \u6708\u4ee5\u6765\u591a\u4e2a\u4ea4\u6613\u65e5\u6da8\u8dcc\u5e45\u8d85 10%\u3002\u5e02\u573a\u666e\u904d\u89c2\u70b9\u8ba4\u4e3a\uff0c\u540e\u7eed\u80a1\u4ef7\u5927\u5e45\u9707\u8361\u4ecd\u5c06\u662f\u5e38\u6001\u3002<\/p>\n<p>\u5f53\u524d\u6765\u770b\uff0cAI \u5b58\u50a8\u7684\u4ea7\u4e1a\u7ea2\u5229\u4ecd\u5728\u6301\u7eed\u91ca\u653e\uff0cSanDisk \u7684\u4e1a\u7ee9\u5151\u73b0\u4e0e\u8ba2\u5355\u50a8\u5907\u4ecd\u6709\u575a\u5b9e\u652f\u6491\uff1b\u4f46\u884c\u4e1a\u5468\u671f\u7684\u4e0b\u884c\u538b\u529b\u7ec8\u5c06\u5230\u6765\uff0c\u9ad8\u4f30\u503c\u4e5f\u5bf9\u540e\u7eed\u589e\u957f\u63d0\u51fa\u4e86\u66f4\u9ad8\u8981\u6c42\u3002\u66b4\u6da8 5655% \u4e4b\u540e\uff0c\u8fd9\u53ea AI \u5b58\u50a8\u9f99\u5934\u7684\u884c\u60c5\u662f\u5426\u89c1\u9876\uff0c\u4ecd\u9700\u4ea4\u7531\u4f9b\u9700\u683c\u5c40\u7684\u9010\u6b65\u6f14\u53d8\u4e0e\u4e1a\u7ee9\u7684\u6301\u7eed\u9a8c\u8bc1\u6765\u7ed9\u51fa\u7b54\u6848\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2025 \u5e74 2 \u6708\u4ece\u897f\u90e8\u6570\u636e\u5206\u62c6\u3001\u4ee5\u72ec\u7acb\u4e3b\u4f53\u91cd\u8fd4\u7eb3\u65af\u8fbe\u514b\u4ee5\u6765\uff0c\u5b58\u50a8\u82af\u7247\u5382\u5546 SanDisk\uff08SNDK\uff09\u8d70\u51fa\u4e86 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":555920,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2408,2173,558,2137],"class_list":["post-644662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-ai-zh-hans","tag-2173","tag-558","tag-2137","sectors-technology-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/644662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=644662"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/644662\/revisions"}],"predecessor-version":[{"id":644665,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/644662\/revisions\/644665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/555920"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=644662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=644662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=644662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}