Woofun AI data shows that the US storage concept sector led market gains, with Western Digital rising over 5%, SanDisk increasing by more than 4%, and Seagate Technology climbing over 4%. Micron Technology also posted gains exceeding 3%.

Broadcom shares rose over 3% following an agreement to extend technical collaboration with Apple through 2031. Conversely, MicroStrategy stock fell more than 4% after reporting a $8.32B digital asset impairment loss for the second quarter.