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Fly News Breaks for October 14, 2015
WDC, MU, SNDK
Oct 14, 2015 | 08:06 EDT
JPMorgan analyst Harlan Sur says both Micron (MU) and Western Digital (WDC) could "significantly benefit" from SanDisk's (SNDK) technology and portfolio leadership in the NAND flash semiconductor and enterprise flash systems market. He believes industry consolidation is in the early innings and that deals will help keep a bid in semi stocks. Sur tells investors to continue accumulating the shares of semiconductor companies.