--- title: "US Stock Movement | Storage concept stocks continue to strengthen, Micron Tech rises over 7%" description: "On Thursday, storage concept stocks continued to strengthen, with Micron Technology rising over 7% to set a new historical high, Western Digital increasing by more than 6%, and Seagate Tech climbing n" type: "news" locale: "en" url: "https://longbridge.com/en/news/261478160.md" published_at: "2025-10-16T15:24:04.000Z" --- # US Stock Movement | Storage concept stocks continue to strengthen, Micron Tech rises over 7% > On Thursday, storage concept stocks continued to strengthen, with Micron Technology rising over 7% to set a new historical high, Western Digital increasing by more than 6%, and Seagate Tech climbing nearly 4%. On the news front, Morgan Stanley upgraded Micron's rating from "Hold" to "Overweight," while significantly raising its target price from $160 to $220. The background for this rating adjustment is the sustained price increase of core DRAM products, which has consistently exceeded market expectations. Despite Micron Technology's recent strong performance, Morgan Stanley still believes there is further upside potential for its stock price. Additionally, according to CCTV Finance, global storage chip prices have continued to rise over the past six months. Particularly in the last month, news of price increases has become increasingly frequent. According to Morgan Stanley's latest research report, under the artificial intelligence boom, the storage chip industry is expected to enter a "super cycle." According to Zhitong Finance APP, on Thursday, storage concept stocks continued to strengthen, with Micron Technology (MU.US) rising over 7% to reach a new historical high, Western Digital (WDC.US) up over 6%, and Seagate Technology (STX.US) increasing nearly 4%. In terms of news, Morgan Stanley upgraded Micron's rating from "Hold" to "Overweight," while significantly raising its target price from $160 to $220. This rating adjustment is based on the continued price increase of core DRAM products exceeding market expectations. Despite Micron Technology's recent strong performance, Morgan Stanley still believes there is further upside potential for its stock price. In addition, according to CCTV Finance, over the past six months, global storage chip prices have continued to rise. Particularly in the past month, news of price increases has become more frequent. According to Morgan Stanley's latest research report, under the AI boom, the storage chip industry is expected to enter a "super cycle." ### Related Stocks - [MU.US - Micron Tech](https://longbridge.com/en/quote/MU.US.md) - [WDC.US - Western Digital](https://longbridge.com/en/quote/WDC.US.md) - [STX.US - Seagate Tech](https://longbridge.com/en/quote/STX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 美光科技是否有望成為萬億美元公司? | 美光科技正在成為人工智能芯片市場的關鍵參與者,市場價值接近五千億美元,這得益於數據中心對存儲組件需求的上升。分析師質疑美光成為萬億公司可行性,因為其收益受到高帶寬存儲需求的推動,而傳統 DRAM 短缺。儘管預計盈利能力將保持強勁,但要實現萬 | [Link](https://longbridge.com/en/news/276253638.md) | | 美光科技與閃迪:哪隻內存芯片股票目前更值得購買? | 內存芯片行業目前面臨供應短缺,吸引了對美光科技(Micron Technology,MU)和閃迪(SanDisk,SNDK)的關注。美光是 DRAM 和高帶寬內存的領先供應商,受益於人工智能驅動的需求,而閃迪在消費和企業市場中對 NAND | [Link](https://longbridge.com/en/news/276064762.md) | | 隨着人工智能存儲需求的增加以及票據交換的出現,投資希捷科技(STX)的理由可能會發生變化 | 希捷科技正在經歷與人工智能和雲計算工作負載相關的高容量硬盤需求上升,預計第三季度收入將超過市場預期。該公司正在以現金和股票交換 6 億美元的 3.50% 可交換高級票據(到期日為 2028 年),以降低資產負債表風險。分析師預計到 2028 | [Link](https://longbridge.com/en/news/276013047.md) | | 新澤西州共同養老金基金 D 增持了希捷科技控股公司的股份 $STX | 新澤西州公共養老金基金 D 在第三季度將其在希捷科技控股公司的股份增加了 7.7%,目前持有 74,406 股,價值 1756 萬美元。其他機構投資者也提高了他們的持倉。首席執行官威廉·D·莫斯利出售了 20,000 股,減少了 4.45% | [Link](https://longbridge.com/en/news/276113880.md) | | 奧本海默公司收購了西部數據公司 3,666 股股票 | Oppenheimer & Co. Inc. 在第三季度將其在西部數據公司(NASDAQ:WDC)的持股增加了 67.9%,額外購買了 3,666 股,使其總持股達到 9,069 股,價值為 1,089,000 美元。其他機構投資者也提高了 | [Link](https://longbridge.com/en/news/276048973.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.