US Stock Market Movement | Storage Concept Stocks Fall Collectively, SanDisk (SNDK.US) Drops Nearly 5%

Recently, the actions of the "Wall Street Big Short" Citron Capital targeting SanDisk have poured cold water on the currently overheated storage chip industry. Citron's attack on SanDisk is a reassessment of the prevailing "storage super cycle" logic in the market. This short-selling institution bluntly pointed out that there is a fundamental error in the market's pricing approach to SanDisk, claiming that the current tight supply of storage chips is nothing but a "mirage," and the cycle peak is just around the corner. Citron's short report has triggered doubts about the "storage super cycle" and caused short-term volatility in related stocks.