Sandisk, Micron Lead Chip Stocks Rally

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Semiconductor stocks broadly rose on Thursday with memory-chip makers among the top performers. Sandisk (SNDK) stock jumped after getting a price-target hike. On the stock market today, Sandisk rose 7.6% to close at 1,858.27. The maker of Nand flash memory chips has rebounded over the past two days after falling below its 50-day moving average line, a key support level.…