US Stock Market Move | Storage concept stocks surged, with Micron Technology, Inc. (MU.US) rising more than 8%.

On Monday, storage concept stocks rose across the board, with Micron Technology, Inc. (MU.US) up more than 8%, SanDisk (SNDK.US) up more than 5%, Western Digital Corporation (WDC.US) up 4%, and Seagate Technology Holdings PLC (STX.US) up more than 2%. In terms of news, Micron Technology, Inc. CEO Sanjay Mehrotra recently stated in an interview that the AI industry is still in its "early innings". He mentioned that as the scale of inference expands, the demand for tokens will continue to rise, and the speed of token generation relies on faster and higher capacity memory. He emphasized that the current core contradiction is not demand or pricing, but the extreme tightness of supply itself and the inability to rapidly expand production. Micron indicated that both traditional servers and AI servers have strong demand, but are constrained by tight supply of DRAM and NAND. Some analysts believe that considering the construction period required for new fabs, the supply shortage situation is unlikely to ease before 2028. As the 12-layer HBM4 for next-generation AI GPUs like NVIDIA Vera Rubin starts mass production, more cautious predictions suggest that the industry may only be able to meet about 60% of the demand for DRAM by 2027.