US Stock Market Movement | Storage Concept Stocks Surge at Market Open, SanDisk (SNDK.US) Rises Over 7%, Market Value Hits Two-Month High

智通财经APP has learned that U.S. storage concept stocks surged at the opening on Tuesday. SanDisk (SNDK.US) rose more than 7%, hitting a new high since early July, with a total market value reported at 277.3 billion USD; Seagate Technology (STX.US) gained over 3%; Western Digital (WDC.US) and SK Hynix (SKHY.US) each rose over 2%; and Micron Technology (MU.US) was up nearly 2%. On the news side, major Wall Street institutions have recently released a series of bullish reports, optimistic about the long-term prospects for AI inference demand reshaping the logic of NAND flash, as well as the ongoing supply-side tension in the market.