U.S. stock market storage sector rises collectively, Micron surges 10% with total market value surpassing 800 billions

格隆汇2026/05/08 14:08

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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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On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31