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SanDisk Signals More Chip Deals Ahead
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SAN FRANCISCO -- Chip stocks are battered and bruised, and that's making them increasingly irresistible to some of their peers.
Investors witnessed a prime example of this Friday, when Samsung revealed that it is looking over SanDisk(SNDK Quote), a rival maker of flash memory chips whose stock has plunged more than 50% in the last three months.
In a filing with Korean regulators, Samsung reportedly said that it was exploring all options, including a buyout or an alliance with SanDisk, but that nothing has been decided yet. ...
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