Sandisk Surges on Micron's Endorsement, TurboQuant Threat Downplayed
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Sandisk shares surged as Micron soared, following Cantor Fitzgeralds bullish call. The memory sector, previously battered by Alphabets TurboQuant, saw a relief rally. Cantors top pick status for Micron, with a $700 price target, and their downplay of TurboQuants impact, set the stage for Sandisks gains. The energy crunch in South Korea, affecting Korean rivals, could also benefit Sandisk, given its Asian manufacturing base.
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