U.S. stocks opened with a clear divergence today. Among the three major indices, the Dow Jones Industrial Average slightly declined by 0.02%, while the S&P 500 and Nasdaq Composite each rose by 0.09%, indicating a generally cautious market sentiment.
The technology sector remains the focus. Nvidia increased by 0.8% after announcing a non-exclusive technology licensing agreement with Groq, continuing to demonstrate its dominance in the AI chip field. Storage concept stocks performed well, with Micron Technology up 0.8% and SanDisk soaring by 3.5%. According to the latest forecast from Omdia, AI demand is expected to drive NAND storage prices up by approximately 40% next year, which could be a significant driver for storage stocks.
Commodity-related stocks also performed well. Driven by recent rises in metal prices, the mining sector gained momentum—Codelco increased by 3.4%, and Pan American Silver rose by 1.9%, reflecting investors' optimistic outlook on the economic prospects.
The most remarkable was the space concept stock Sidus Space, which surged over 37% in a single day, becoming the biggest dark horse today. Additionally, the Nasdaq China Golden Dragon Index opened with a 0.40% increase, with the new energy vehicle sector performing strongly—Xpeng Motors, NIO, and other stocks rose over 2%, indicating that this sector still retains investment enthusiasm.
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ShibaSunglasses
· 12h ago
SanDisk 3.5%, storage is really about to take off this time. NAND increasing by 40% next year, is that not a joke?
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Tokenomics911
· 12h ago
Storage stocks are taking off, with SanDisk up 3.5%, this wave is stable. But why is Sidus Space up 37%? That’s such an outrageous positive...
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gas_guzzler
· 12h ago
Storage stocks are taking off, SanDisk jumped 3.5% and surged directly. Will NAND increase by 40% next year? If you don't jump on this wave, you'll regret it to death.
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LiquidationHunter
· 12h ago
SanDisk surges 3.5%? Storage is about to take off, damn it, it's finally our turn
U.S. stocks opened with a clear divergence today. Among the three major indices, the Dow Jones Industrial Average slightly declined by 0.02%, while the S&P 500 and Nasdaq Composite each rose by 0.09%, indicating a generally cautious market sentiment.
The technology sector remains the focus. Nvidia increased by 0.8% after announcing a non-exclusive technology licensing agreement with Groq, continuing to demonstrate its dominance in the AI chip field. Storage concept stocks performed well, with Micron Technology up 0.8% and SanDisk soaring by 3.5%. According to the latest forecast from Omdia, AI demand is expected to drive NAND storage prices up by approximately 40% next year, which could be a significant driver for storage stocks.
Commodity-related stocks also performed well. Driven by recent rises in metal prices, the mining sector gained momentum—Codelco increased by 3.4%, and Pan American Silver rose by 1.9%, reflecting investors' optimistic outlook on the economic prospects.
The most remarkable was the space concept stock Sidus Space, which surged over 37% in a single day, becoming the biggest dark horse today. Additionally, the Nasdaq China Golden Dragon Index opened with a 0.40% increase, with the new energy vehicle sector performing strongly—Xpeng Motors, NIO, and other stocks rose over 2%, indicating that this sector still retains investment enthusiasm.