Sandisk Technologies Announces Strategic Equity Investment in Nanya Technology

Summary

On March 25, 2026, Sandisk Technologies, Inc., a subsidiary of Sandisk Corporation, announced a strategic equity investment in Nanya Technology Corporation through a private placement of Nanya common stock. The investment, valued at approximately $1.0 billion, represents a 15% discount to Nanya's 30-day average trading price and will result in Sandisk Technologies owning approximately 3.9% of Nanya's outstanding common stock. Concurrently, the companies entered into a multi-year strategic supply arrangement for DRAM products to support Sandisk Technologies' long-term sourcing strategy.