Data storage makers rally on possible Hynix disruption

NEW YORK (Reuters) – Shares of data storage makers Micron Tech and SanDisk Corp rallied on heavy volume on Wednesday, following unconfirmed reports of smoke at a SK Hynix facility in China. Analysts at Sterne Agee wrote that any disruption at the facility would be a positive for Micron and SanDisk. “Any disruptions in an already disciplined supply chain going into peak build period… could firm up DRAM-NAND pricing,” the analysts wrote, referring to two types of memory chips. …

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Data storage makers rally on possible Hynix disruption

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