Nomura Securities on U.S. Semiconductors: Positive Trends For NAND Flash

January 9, 2012 10:35 AM EST
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Nomura Securities on U.S. Semiconductors: Positive Trends For NAND Flash -

Nomura analyst, Sidney Ho, says, "We attended the first day of the Storage Visions 2012 conference in Las Vegas. In summary, we see an increasing trend toward using flash memory in consumer devices and enterprise server/storage systems. We are positive on the long-term prospects of NAND flash, and we expect supply to remain tight in 2012. SanDisk (Nasdaq: SNDK)(Buy, $65 PT) is our best idea in the NAND market."


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