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Data compiled by Woofun AI shows that the U.S. storage sector experienced a broad-based rally, with key players posting significant percentage gains. Marvell Technology and Advanced Micro Devices (AMD) led the advance, each rising by more than 4%, while ARM Holdings, Intel, Micron Technology, and SanDisk increased by over 3%. Western Digital also contributed to the sector's strength, gaining approximately 2%.
Concurrently, SpaceX shares surged around 4%, marking a substantial valuation jump since its public listing last Friday. The company's stock value has appreciated by nearly 50% in the brief period since it began trading, highlighting strong investor sentiment toward the aerospace and defense technology firm.