US Stock Market Move | Storage concept stocks soared, Western Digital Corporation (WDC.US) rose more than 3%

On Friday, the concept stocks of storage surged, with Western Digital Corporation (WDC.US) rising by over 3%, SanDisk (SNDK.US) rising by nearly 3%, and Micron Technology, Inc. (MU.US) rising by over 2%. International storage chip giants SK Hynix, Samsung Electronics, and SanDisk have seen their financial data frequently breaking historical records. Samsung Electronics' core semiconductor (DS) department's operating profit in the fourth quarter surged to 16.4 trillion Korean won, a massive increase of 470% compared to the same period last year; SanDisk achieved a net profit of $803 million in the second quarter, a year-on-year increase of 672%; and SK Hynix's full-year operating profit for 2025 doubled to 47.21 trillion Korean won, with its fourth-quarter operating profit margin soaring to 58%.