US Stock Market Move | Storage concept stocks continued to show strength, with Micron Technology, Inc. (MU.US) rising more than 7%.

On Tuesday, storage concept stocks continued their strong performance, with Micron Technology, Inc. (MU.US) up over 7%, SanDisk (SNDK.US) up over 5%, Western Digital Corporation (WDC.US) up over 4%, and Seagate Technology Holdings PLC (STX.US) up over 3%, all reaching new historical highs. In terms of news, Micron Technology, Inc. CEO Sanjay Mehrotra recently stated in an interview that the AI industry is still in the "early innings." He pointed out that as the scale of inference expands, the demand for tokens will continue to rise, and the speed of token generation depends on faster and larger memory capacity - "Memory has become a strategic asset for customers." He emphasized that the core contradiction currently faced is not demand or pricing, but the extreme tightness of supply itself and the inability to expand production quickly.