During the regular session on Sep 5, the storage chip sector rallied broadly with mainstream names all posting gains. Micron Technology (MU.US) closed at $1016.59, up over 6%; SanDisk (SNDK.US) showed the strongest performance, up nearly 12% to $1740.00; Western Digital (WDC.US) up nearly 6% to $467.46; Seagate Technology (STX.US) up over 6% to $849.28; Everspin Technologies (MRAM.US) up over 3% to $16.37.
Trading activity was active in the sector. Micron Technology saw volume of 35.25 million shares with turnover of $35.22 billion; SanDisk volume 16.56 million shares, turnover $27.91 billion; Western Digital volume 5.81 million shares, turnover $2.69 billion. Seagate Technology volume 2.56 million shares, turnover $2.15 billion.
On the derivative front, MUU.US gained 11.60% to $34.25, SNXX.US surged 23.38% to $17.36; while MUD.US fell 5.95% to $9.80, SNDQ.US dropped 23.80% to $11.78, indicating notable divergence within the sector.