Scalper1 News
Chinese Tsinghua Group’s $3.8 billion investment in data storage firm Western Digital (WDC) might signal the death knell for a rumored deal with Micron (MU), Rosenblatt Securities said Friday. Buzz circling SanDisk (SNDK) and Toshiba might also be overblown, Rosenblatt analyst Jun Zhang wrote in a research report. “We believe SanDisk and Toshiba are unlikely targets,” he wrote. “Micron is still attractive to Chinese PEs, but we think the decision Scalper1 News
Scalper1 News