Micron and SanDisk Shares Drop 6% and 8% as US Storage Sector Slides
2026-06-29 22:09

Woofun AI reports that the US stock storage sector continues its downward trend, with Micron Technology shares falling 6% to $1064.34 and SanDisk dropping 7.8% to $1931.160. Both companies ranked first and second in trading volume among all US stocks, while Kioxia ADRs declined by 7%.

South Korea's Minister of Trade, Industry and Energy, Ahn Duk-geun, stated on the 29th that DRAM production capacity is expected to double within five years, with the global memory market projected to grow fourfold over the same period.

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