Abnormal Movement in US Stocks | Storage Concept Stocks Buck Trend Rise, SanDisk Corp(SNDK.US) Surges over 5%
According to the Wise Finance APP, on Friday, storage concept stocks in the US market surged against the trend. SanDisk Corp (SNDK.US) rose by more than 5%, Micron Technology (MU.US) rose by more than 4%, Western Digital (WDC.US) rose by more than 2%, and Seagate Technology (STX.US) also turned positive. In terms of news, some media reports citing informed sources revealed that Samsung Electronics, the world's largest storage chip manufacturer from South Korea, will significantly raise the prices of certain storage chips crucial for global storage this month compared to September. Informed sources disclosed that Samsung's maximum increase for certain storage chips this time reaches 60%, as there is a severe shortage of these storage chips due to exponential demand expansion brought about by tech giants' massive construction of AI data centers on a global scale.
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