US Stock Market Movement | Storage concept stocks collectively rise in early trading, Micron Technology (MU.US) up over 6%

According to market research firm IDC, storage chip shortages are becoming "an unprecedented crisis" as the AI boom puts pressure on supply. Meanwhile, the construction of AI infrastructure continues to accelerate, with major tech companies expected to spend an astonishing $650 billion in 2026, representing an increase of about 80% from last year's record level. Therefore, even if storage chip manufacturers increase production, the shortage may not be alleviated for another year—or even longer.