MUZ

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Storage Chips Sector Declines in Regular Session, WDC Falls 2.71%, SNDK Drops 2.53%

During the regular session on September 24, the storage chip sector displayed mixed performance with most mainstream stocks under pressure. As of 12:45 ET, Micron Technology (MU.US) traded at $1,069.64, down 0.21%; SanDisk (SNDK.US) at $1,770.67, down 2.53%; Western Digital (WDC.US) at $460.85, down 2.71%; and Seagate Technology (STX.US) at $918.06, down 0.55%. Only Everspin Technologies (MRAM.US) bucked the trend, rising 1.23% to $17.30.

Internal divergence within the sector was evident, with storage device manufacturers facing widespread selling pressure. Western Digital and SanDisk led declines, both falling over 2.5%, reflecting market concerns about storage demand prospects. Micron Technology and Seagate Technology saw more limited losses, staying within 1%. On the derivatives front, SNDQ.US performed strongly, gaining 4.76% to $10.35; while SNXX.US posted the largest decline at 5.14% to $17.43. MUU.US fell 0.42% to $37.03, and MUD.US edged up 0.22% to $9.04.

Overall, the storage chip sector showed a broad decline pattern during today's regular session, with only MRAM.US recording gains among mainstream stocks. Investors should monitor subsequent supply-demand dynamics in the storage market and industry sentiment signals, as sector volatility may continue.

Sector constituents

NameTickerLastChange
SNDQSNDQ.US10.35+4.76%
Everspin TechnologiesMRAM.US17.30+1.23%
MUDMUD.US9.04+0.22%
Micron TechnologyMU.US1069.64-0.21%
MUUMUU.US37.03-0.42%
Seagate TechnologySTX.US918.06-0.55%
SanDiskSNDK.US1770.67-2.53%
Western DigitalWDC.US460.85-2.71%
SNXXSNXX.US17.43-5.14%

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