US Stock Market Move | Storage concept stocks increase, SanDisk (SNDK.US) soars more than 11%.

On Friday, storage concept stocks in the US stock market saw a widening increase. SanDisk (SNDK.US) surged over 11%, Micron Technology, Inc. (MU.US) rose over 8%, reaching a new all-time high. Western Digital Corporation (WDC.US) increased by nearly 6%, and Seagate Technology Holdings PLC (STX.US) rose by nearly 4%. In terms of news, Nomura Securities recently stated that the current storage supercycle, which started in the second half of this year, will continue at least until 2027, with significant new supply not expected until early 2028. The Nomura analyst team suggested that investors should continue to overweight storage leaders in 2026 and focus on the price-profit-valuation dynamics of storage chips as investment themes for the year, rather than just focusing on storage as a single HBM theme. The firm expects the three major storage chip companies to achieve record profits.