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Home > Latest

The U.S. stock market's storage sector further widened its decline, with SK Hynix falling by 5%.

date
07/08/2026
On August 7th, the memory storage sector in the U.S. stock market further widened its losses, with Micron Technology down 1.64%, SK Hynix down 5%, SanDisk down 2.71%, Western Digital down 4.01%, Seagate Technology down 7.29%, and Kioxia ADR down 1.91%.
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Morgan Stanley maintains the overweight rating for SK Hynix and Samsung Electronics.
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Sai Mu Technology (02571) issues a profit warning, expecting a mid-year net loss of approximately 47 million to 51 million yuan, turning from profit to loss year-on-year.
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The typhoon "White Dolphin" has entered the 24-hour warning zone, and multiple departments have initiated emergency responses.
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