Storage Stocks Defy Market Downtrend with SanDisk Surging Over 6%

Stock News03-09

On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while Seagate Technology PLC (STX.US) and Micron Technology (MU.US) each rose more than 1%. The rally follows a recent storage industry report from Bank of America Global Research, which stated clearly that the sector is in a super-cycle. The report indicated that Middle East conflicts have had almost no impact on the storage supply chain, as the flash memory chip industry is highly self-contained within Asia. It also highlighted that demand for both DRAM and NAND remains strong, significantly outstripping current production capacity. Average operating profit margins in the DRAM sector are expected to easily exceed 60%, with NAND surpassing 30%. Supporting this outlook, South Korea’s semiconductor exports surged 161% year-over-year in February, while Taiwan’s Nanya Technology reported a 587% jump in February sales compared to the same period last year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1102493401?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-09 23:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102493401","market":"other","top_or_hot":-1,"title":"Storage Stocks Defy Market Downtrend with SanDisk Surging Over 6%","media":"Stock News","content":"<p>On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while Seagate Technology PLC (STX.US) and Micron Technology (MU.US) each rose more than 1%. The rally follows a recent storage industry report from Bank of America Global Research, which stated clearly that the sector is in a super-cycle. The report indicated that Middle East conflicts have had almost no impact on the storage supply chain, as the flash memory chip industry is highly self-contained within Asia. It also highlighted that demand for both DRAM and NAND remains strong, significantly outstripping current production capacity. Average operating profit margins in the DRAM sector are expected to easily exceed 60%, with NAND surpassing 30%. Supporting this outlook, South Korea’s semiconductor exports surged 161% year-over-year in February, while Taiwan’s Nanya Technology reported a 587% jump in February sales compared to the same period last year.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Storage Stocks Defy Market Downtrend with SanDisk Surging Over 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStorage Stocks Defy Market Downtrend with SanDisk Surging Over 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-09 23:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while Seagate Technology PLC (STX.US) and Micron Technology (MU.US) each rose more than 1%. The rally follows a recent storage industry report from Bank of America Global Research, which stated clearly that the sector is in a super-cycle. The report indicated that Middle East conflicts have had almost no impact on the storage supply chain, as the flash memory chip industry is highly self-contained within Asia. It also highlighted that demand for both DRAM and NAND remains strong, significantly outstripping current production capacity. Average operating profit margins in the DRAM sector are expected to easily exceed 60%, with NAND surpassing 30%. Supporting this outlook, South Korea’s semiconductor exports surged 161% year-over-year in February, while Taiwan’s Nanya Technology reported a 587% jump in February sales compared to the same period last year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4170","symbol_name":"电脑硬件、储存设备及电脑周边","start_time":0,"source_url":"","article_id":"1102493401","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102493401","pubTimestamp":1773070545,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4170":"电脑硬件、储存设备及电脑周边","STX":"希捷科技","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","MU":"美光科技","SNXX":"Tradr 2X Long SNDK Daily ETF","WDC":"西部数据","SNDK":"闪迪"},"translate_title":"存储股逆市下跌趋势，SanDisk飙升超过6%","themeId":"7a61278a21da3c930bd2dc908db91546","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNDK":1,"WDC":1,"STX":1,"MU":1,"SNXX":1},"content_text":"On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while Seagate Technology PLC (STX.US) and Micron Technology (MU.US) each rose more than 1%. The rally follows a recent storage industry report from Bank of America Global Research, which stated clearly that the sector is in a super-cycle. The report indicated that Middle East conflicts have had almost no impact on the storage supply chain, as the flash memory chip industry is highly self-contained within Asia. It also highlighted that demand for both DRAM and NAND remains strong, significantly outstripping current production capacity. Average operating profit margins in the DRAM sector are expected to easily exceed 60%, with NAND surpassing 30%. Supporting this outlook, South Korea’s semiconductor exports surged 161% year-over-year in February, while Taiwan’s Nanya Technology reported a 587% jump in February sales compared to the same period last year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102493401","isCrawlerRequest":true}