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Fly News Breaks for May 18, 2015
SNDK
May 18, 2015 | 10:02 EDT
JPMorgan said the NAND market is picking up and pricing is tracking ahead of expectations due to restocking momentum. The firm expects NAND market traction heading into 2H driven by new smartphone launches and a recovery in the PC market. Note SanDisk is leveraged to NAND.
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