Micron is soaring after blowout earnings report. That's good news for this other memory chipmaker, Citigroup says

Micron's stellar earnings report has sent its stock skyrocketing, driven by a surge in memory chip demand, and Citi believes Sandisk will ride this wave too. The strong performance highlights the booming market for memory chips, which bodes well for other players like Sandisk. This surge indicates a broader trend in tech industry demand, suggesting that other memory chip manufacturers could see similar growth opportunities. Investors are taking note, as this could mean more good news for the sector.