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US Stock Market Movers | Storage sector rises collectively, SanDisk (SNDK.US) up over 4%

US Stock Market Movers | Storage sector rises collectively, SanDisk (SNDK.US) up over 4%

智通财经智通财经2026/08/13 14:26
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According to Zhitong Finance APP, on Thursday, the storage sector collectively moved higher, with SanDisk (SNDK.US) and Western Digital (WDC.US) rising over 4%, SK Hynix (SKHY.US) up over 3%, Micron Technology (MU.US) gaining over 2%, and Seagate Technology (STX.US) increasing more than 1%. In terms of news, SanDisk will hold its Investor Day on August 13 (ET). During the event, SanDisk's CEO stated that the company is committed to achieving double-digit shipment growth. Additionally, the market is anticipating that management will provide clear guidance on the sustainability of approximately 80% contract gross margin and the long-term growth trajectory for AI storage.
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