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The Zhitong Finance App learned that on Wednesday, the storage sector generally rose. SanDisk (SNDK.US), SK Hynix (SKHY.US), and Seagate (STX.US) rose more than 7%, Micron (MU.US) rose more than 6%, and Western Digital (WDC.US) rose more than 5%. Furthermore, the stock price of South Korea's “storage duo” also rose sharply today. On the one hand, investors' risk appetite picked up after chip stocks plummeted last month; on the other hand, investors are also weighing reports — Singaporean state-owned investment company Temasek plans to invest in Samsung Electronics and SK Hynix.

Zhitongcaijing·08/12/2026 14:25:04
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The Zhitong Finance App learned that on Wednesday, the storage sector generally rose. SanDisk (SNDK.US), SK Hynix (SKHY.US), and Seagate (STX.US) rose more than 7%, Micron (MU.US) rose more than 6%, and Western Digital (WDC.US) rose more than 5%. Furthermore, the stock price of South Korea's “storage duo” also rose sharply today. On the one hand, investors' risk appetite picked up after chip stocks plummeted last month; on the other hand, investors are also weighing reports — Singaporean state-owned investment company Temasek plans to invest in Samsung Electronics and SK Hynix.