US stock movement | Storage concept stocks collectively strengthen Seagate Technology(STX.US) surges over 8.6%

LootboxPhobia · 2026-04-06T17:55:19+00:00

At the opening of the U.S. stock market, storage concept stocks generally rose. Seagate Technology increased by over 8.6%, SanDisk rose over 4%, Western Digital gained more than 5.5%, and Micron Technology rose over 3.8%. The main reason is that Samsung Electronics completed negotiations with clients, leading to approximately a 30% increase in DRAM supply prices.

LootboxPhobia

2026-04-06 17:55:19

Abstract generation in progress

Zhitong Finance APP learned that at the beginning of Monday’s U.S. stock trading session, storage concept stocks rose across the board. As of the time of this report, Seagate Technology (STX.US) is up more than 8.6%, SanDisk (SNDK.US) is up more than 4%, Western Digital (WDC.US) is up more than 5.5%, and Micron Technology (MU.US) is up more than 3.8%. On the news front, Samsung Electronics has completed negotiations with its major customers regarding second-quarter DRAM supply prices and signed supply contracts, with the increase coming in at about 30% of the level of the first-quarter prices. This price increase covers high-bandwidth memory (HBM) as well as server, PC, mobile, and other general DRAM products, for an average overall increase. Previously, Samsung had raised the average DRAM price in the first quarter by about 100%.

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