abnormal movement in US stocks | collective surges in storage concept stocks, Seagate Technology (STX.US) rises more than 9%.

According to the Intelligent Financial APP, on Wednesday, storage concept stocks in the US collectively surged. Seagate Technology (STX.US) and SanDisk (SNDK.US) both rose by over 9%, Micron Technology (MU.US) rose by nearly 8%, and Western Digital (WDC.US) rose by over 5%. In terms of news, according to the latest reports from the media, South Korean semiconductor giant SK Hynix is gaining the upper hand in negotiations with NVIDIA on the supply of the sixth generation High Bandwidth Memory (HBM4), successfully raising its price by over 50% to around $560 per chip, consolidating its dominant position in the high-end storage chip market. Analysts predict that based on the high profit margins of HBM4 and the sharp increase in prices of general-purpose DRAM, SK Hynix's operating profit next year may exceed 70 trillion Korean won, setting a new historical high. The company has already sold out its production capacity for next year.