Changes in US stocks | Storage concept stocks increase, SanDisk (SNDK.US) surges by more than 11%

The Zhitong Finance App learned that on Friday, the increase in US storage concept stocks increased. SanDisk (SNDK.US) surged more than 11%, Micron Technology (MU.US) rose more than 8% to a record high, Western Digital (WDC.US) rose nearly 6%, and Seagate Technology (STX.US) rose nearly 4%. According to the news, Nomura Securities recently stated that the storage supercycle, which began in the second half of this year, will continue until at least 2027, and that a truly meaningful new supply will not appear until early 2028 at the earliest.

The Nomura analyst team said that investors should continue to overdeploy storage leaders in 2026, using the three hits of price, profit, and valuation of memory chips as the main storage investment line in 2026, rather than just using storage as a single topic for HBM. The agency expects the profits of the three major memory chip companies to reach record highs.