US Stocks in Motion | Memory chip stocks rally in early trading; SanDisk (SNDK.US) rises over 7%, market cap hits a 2-month high.

Zhito Finance APP has learned that on Tuesday, U.S. memory concept stocks rose in early trading. SanDisk (SNDK.US) gained more than 7%, hitting a new high since early July, with a total market capitalization of $277.3 billion; Seagate Technology (STX.US) rose more than 3%, Western Digital (WDC.US) and SK Hynix (SKHY.US) rose more than 2%, and Micron Technology (MU.US) rose nearly 2%. On the news front, major Wall Street banks have recently issued a of bullish reports, favoring the long-term logic of AI inference demand reshaping NAND flash memory, as well as the persistently tight supply-side landscape.