SanDisk: Goldman Sachs expects a very strong quarter, with the focus on customer agreements and NAND supply discipline. NAND price recovery, long-term customer contracts, and inventory structure improvements are the main supports; the market will pay attention to the proportion of high-value-added products and whether supply expansion remains restrained.

Seagate: HDD pricing and profit margins remain key variables. Nearline drive demand is driven by cloud vendors and AI storage, while supply constraints make prices sticky; investors will focus on high-capacity product mix, long-term contracts, and whether gross margins can continue to improve.

Western Digital: Goldman Sachs is focusing on HDD shortages and long-term gross margin upside. Cloud nearline drive demand remains strong, and the NAND business also benefits from supply-demand repair; the market will test the company's sustainability in pricing, product mix, and capacity discipline.

Qnity: Goldman Sachs believes the company still has room for growth, but this quarter will focus more on wafer starts and operational execution. The key issues are whether customer expansion pace, material/equipment delivery capabilities, cost control, and capacity utilization can jointly support revenue growth.

Teradyne: The focus is on second-half revenue, storage test recovery, and commercial GPU test market share. AI accelerators, HBM, and advanced SoCs increase test complexity; if order visibility extends to 2027, the logic for upward revision of test equipment TAM will become clearer.