The Zhitong Finance App learned that Citi Research said that Micron Technology (MU.US)'s latest fiscal quarter results further confirm the continued tight supply trend in the NAND flash memory market. It is expected that the tight supply and demand situation in the industry may continue until 2028, providing support for memory chip prices. Citi believes that the continued growth in demand for artificial intelligence (AI) -driven data centers will further improve the fundamentals of the NAND industry and benefit SanDisk (SNDK.US).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.