Abnormal movement in US stocks | Storage sector under pressure, SanDisk (SNDK.US) fell more than 7%

According to the Wise Finance APP, on Friday, the storage sector continued its previous day's decline, with all stocks under pressure falling. SanDisk (SNDK.US) and Western Digital (WDC.US) both fell more than 7%, Micron Technology (MU.US) fell more than 6%, and Seagate Technology (STX.US) fell more than 5%. The core trigger for this round of storage stock correction comes from Broadcom's (AVGO.US) latest financial report. On June 4th local time, Broadcom's performance did not meet expectations after failing to raise its AI chip sales guidance for the 2026 fiscal year, causing the previously high market expectations for chip stocks to fall short. Broadcom's single-day plunge exceeded 12%, leading to a rapid spread of the sell-off sentiment to the entire semiconductor sector, with storage concept stocks taking the brunt of the impact.