Group 1 - Sandisk Corp. experienced a decline of 5.64% on Monday, ending at $121.17, as investors took profits after a three-day winning streak [1] - The company is set to announce its first quarter earnings for fiscal year 2026 on November 6, with revenue expectations between $2.10 billion and $2.20 billion, and diluted earnings per share projected at $0.70 to $0.90 [2] - Sandisk, in collaboration with Kioxia Corp., has commenced operations at its Fab2 production facility in Iwate Prefecture, Japan, which will produce advanced 3D flash memory [3][4] Group 2 - The Fab2 facility is designed to manufacture eighth-generation, 218-layer 3D flash memory using innovative CBA technology, aimed at meeting the increasing storage demands driven by the artificial intelligence sector [4] - Production at the Fab2 facility will gradually increase, with significant output anticipated in the first half of 2026 [5]

Group 1 - Sandisk's stock has increased nearly 28% week to date, driven by positive production news and favorable sentiment in the chip manufacturing sector [1] - Sandisk and Kioxia have launched operations at a new semiconductor fabrication plant, Fab2, located in Japan [2] - The new facility will produce advanced 3D flash memory to meet the growing demand for flash memory in AI applications [3][4] Group 2 - Sandisk is positioned as a strong investment opportunity in the flash memory segment, particularly as a "pick-and-shovel" play in the AI space [5] - The company is increasing its manufacturing capabilities with the new facility in Japan [6]