US Stock Market Move | Storage concept stocks rose across the board before the market opening, with Sandisk (SNDK.US) rising more than 4%.
On Wednesday, storage concept stocks rose across the board before the market opened, with SanDisk (SNDK.US) rising more than 4%.
On Wednesday, storage concept stocks rose before the market opened, with SanDisk (SNDK.US) up over 4%, Micron Technology, Inc. (MU.US) up over 3%, Western Digital Corporation (WDC.US) up over 2%, and Seagate Technology Holdings PLC (STX.US) up over 1%.
According to the latest study from TrendForce, global NAND Flash industry revenue in the fourth quarter of 2025 continues to benefit from the demand for AI construction, with the combined revenue of the top five brand factories increasing by a significant 23.8% to $21.17 billion. In particular, the deployment of AI server infrastructure by North American cloud service providers (CSP) is stimulating explosive growth in Enterprise SSD demand, and the shortage and long lead times for HDDs are leading to a shift in orders, exacerbating the overall NAND Flash shortage and driving up prices, benefiting supplier revenue.
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