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US Stocks Movement | Gelonghui's "Six Overseas Storage Giants" — Micron and Western Digital Reach All-Time Highs

US Stocks Movement | Gelonghui's "Six Overseas Storage Giants" — Micron and Western Digital Reach All-Time Highs

格隆汇格隆汇2026/05/07 00:23
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Glonghui May 7th|Glonghui reports that the "Six Overseas Storage Giants"—Micron Technology, Western Digital, and Seagate Technology—closed with collective gains. Among them, Micron Technology rose over 4.12%, reaching an all-time high of $667.67, with a total market capitalization exceeding $750 billion; Western Digital rose 3.85%, also hitting an all-time high of $483.87, with a total market capitalization over $160 billion; Seagate Technology gained 2%, closing at $786.42, with a total market capitalization over $170 billion.Currently, the global storage chip industry is in a super boom cycle driven by AI computing power, with explosive demand for HBM, DDR5, and enterprise-level storage. Coupled with highly concentrated supply and lengthy capacity expansion cycles, the industry is facing tight supply and demand alongside rising volume and prices. Overseas giants such as Samsung, SK Hynix, Micron, and SanDisk hold dominant positions in global DRAM, NAND, and high-end storage, leveraging long-term technical accumulation and scale advantages. They have established strong barriers in advanced processes, production capacity, and client certification. (Glonghui)
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