Storage Stocks Rally in Pre-Market Trading with SanDisk Up Over 4%

Stock News03-04 22:28

Storage-related stocks advanced broadly in pre-market trading on Wednesday. SanDisk Corp. (SNDK.US) rose more than 4%, Micron Technology (MU.US) gained over 3%, Western Digital (WDC.US) increased more than 2%, and Seagate Technology PLC (STX.US) climbed over 1%. According to the latest survey by TrendForce, global NAND Flash industry revenue continued to benefit from AI infrastructure demand in the fourth quarter of 2025. Combined revenue of the top five brand manufacturers surged 23.8% quarter-over-quarter, reaching $21.17 billion. In particular, North American cloud service providers' deployment of AI server infrastructure stimulated explosive growth in Enterprise SSD demand. This, coupled with the order transfer effect caused by severe shortages and extended lead times for HDDs, has intensified the overall NAND Flash shortage, driving up prices and benefiting supplier revenue.

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