SanDisk is feeling confident, predicting even higher sales and profits for the next quarter, again beating Wall Street's forecasts.
But even with all this good news, the stock dropped 6% after-hours (after briefly rising).
To keep things steady, SanDisk announced a massive $6 billion share buyback program.
CEO David Goeckeler said its long-term contracts are designed to help keep finances on track, no matter how the memory chip market shifts.