U.S. Stocks Movement | Storage Chip Concept Stocks Rise Across the Board, SNDK (SanDisk) Up 6%
On Monday, storage chip concept stocks generally rose, with SanDisk (SNDK.US) up by 6%.
According to information from Zhihu Finance APP, on Monday, storage chip concept stocks rose across the board, with SanDisk (SNDK.US) up 6%, Western Digital (WDC.US), SK hynix (SKHY.US), and Micron Technology (MU.US) all up over 4%, and Seagate Technology (STX.US) up over 2%.
In the news, Elon Musk recently pointed out directly on the X platform that storage will become the key constraint in the era of autonomous AI, and expressed clear optimism about the long-term growth potential of the three storage giants: Micron Technology, SanDisk, and SK hynix. According to Goldman Sachs' forecasts, by 2030, the global monthly token consumption for autonomous AI will reach 120 quadrillion, 24 times that of early 2026, with storage demand showing an almost unlimited growth trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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