U.S. stock market storage sector rises collectively, Micron surges 10% with total market value surpassing 800 billions
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Glonghui, May 8 ｜ US storage stocks collectively surged, with Micron Technology up 10%, reaching a new historical high and its total market value surpassing 80 billion USD; SanDisk rose 8%, Western Digital up 3.8%, and Seagate Technology gained 3%. The rapid development of artificial intelligence has caused explosive growth in demand for high-bandwidth memory chips (HBM), driving the industry into a new supercycle.
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