US Stocks Move | Storage Sector Stocks Surge, Western Digital (WDC.US) Rises Over 8%

智通财经APP has learned that on Monday, the storage sector collectively strengthened, with Western Digital (WDC.US) and Seagate Technology (STX.US) rising over 8%, SanDisk (SNDK.US) and Micron Technology (MU.US) increasing more than 5%, and SK hynix (SKHY.US) up over 4%. The AI arms race among technology giants continues to intensify, causing free cash flow to deteriorate rapidly, while storage chip manufacturers are quietly accumulating cash. Nomura Securities believes there is a fundamental mispricing of the storage sector in the current market.