US Stock Movement | Storage Concept Stocks Rise Across the Board Western Digital (WDC.US) Up Over 9%

LootboxPhobia · 2026-04-02T04:51:54+00:00

On Wednesday, storage concept stocks rose across the board, with Western Digital up over 9%, SanDisk up 8%, and Micron Technology up nearly 7%. Industry experts expect DRAM prices to continue rising in the second quarter, as Samsung and SK Hynix have notified customers of plans to significantly increase prices.

LootboxPhobia

2026-04-02 04:51:54

Abstract generation in progress

Zhitong Finance APP learned that on Wednesday, storage-related stocks saw broad gains. Western Digital (WDC.US) rose more than 9%, SanDisk (SNDK.US) rose 8%, Micron Technology (MU.US) rose nearly 7%, and Seagate Technology (STX.US) rose more than 6%.

On the news front, in March this year, the DRAM uptrend that had been going on for nearly a year came to an abrupt halt because memory manufacturers and PC makers signed supply contracts in advance and locked in short-term prices. However, industry experts believe that DRAM prices will continue to rise in the second quarter this year. According to media reports, Samsung Electronics and SK hynix, the two largest global DRAM manufacturers, have recently informed customers that they plan to raise DRAM prices significantly in the second quarter.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.