Sandisk, Western Digital and others soar as Micron results ‘justify elevated valuations’
What happened: Memory and storage stocks rallied on Thursday. Shares of SanDisk (SNDK) and Western Digital (WDC) gained 10%, and 4%, respectively while chipmaker Qualcomm (QCOM) and machine manufacturer Applied Materials (AMAT) also rose. What’s behind the move: The iShares Semiconductor…













