SanDisk Corporation (SNDK): A Memory Bet You Can’t Forget

Micron Technology, Inc. (NASDAQ:MU) was in losses since 2011 and reported its first profit of $43 million in the third quarter of 2013. Micron is acquiring Elpida Memory at a cost of $2.07 billion. The objective of this acquisition is to gain control of more manufacturing facilities and further stabilize prices. Seagate controls 40% of the hard-drive market. Now it has increased its focus on solid-state drives and released its first consumer solid-state drive.

Red Chip has no position in any stocks mentioned. The Motley Fool recommends Teradata. The Motley Fool owns shares of Western Digital (NASDAQ:WDC).

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