The Zhitong Finance App learned that on Thursday, the storage sector rose collectively, with SanDisk (SNDK.US) and Western Digital (WDC.US) rising more than 4%, SK Hynix (SKHY.US) rising more than 3%, Micron Technology (MU.US) rising more than 2%, and Seagate Technology (STX.US) rising more than 1%. According to the news, SanDisk held Investor Day on August 13 EST. SanDisk CEO stated on Investor Day that the company is committed to achieving medium to high double digit shipment growth. Furthermore, the market expects management to provide clear guidance on the sustainability of approximately 80% contract gross margin and the long-term growth path of AI storage.

The Zhitong Finance App learned that on Thursday, the storage sector rose collectively, with SanDisk (SNDK.US) and Western Digital (WDC.US) rising more than 4%, SK Hynix (SKHY.US) rising more than 3%, Micron Technology (MU.US) rising more than 2%, and Seagate Technology (STX.US) rising more than 1%. According to the news, SanDisk held Investor Day on August 13 EST. SanDisk CEO stated on Investor Day that the company is committed to achieving medium to high double digit shipment growth. Furthermore, the market expects management to provide clear guidance on the sustainability of approximately 80% contract gross margin and the long-term growth path of AI storage.