US Stock Movement | The storage sector opened with a broad increase, SK Hynix (SKHY.US) rose over 7%.
According to the Zhithong Finance APP, on Wednesday, the storage sector opened with widespread gains, with SanDisk (SNDK.US), SK Hynix (SKHY.US), and Seagate Technology (STX.US) rising over 7%, Micron Technology (MU.US) increasing by more than 6%, and Western Digital (WDC.US) climbing over 5%. In addition, today, the stock prices of South Korea's "storage giants" also surged. On one hand, investor risk appetite has warmed after last month's sharp decline in chip stocks, while on the other hand, investors are weighing a report that Singapore's state investment company Temasek plans to invest in Samsung Electronics and SK Hynix.
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