US Stock Market Move | Storage concept stocks collectively fell, Micron Technology, Inc. (MU.US) dropped 8%.
Concept stocks collectively fell
On Thursday, storage concept stocks collectively fell. As of press time, Micron Technology, Inc. (MU.US) dropped 8%, SanDisk (SNDK.US) fell more than 2.9%, Western Digital Corporation (WDC.US) fell more than 3%, and Seagate Technology Holdings PLC (STX.US) dropped more than 2.6%. On the news front, after the closing of yesterday, the latest financial report released by Broadcom Inc. (AVGO.US) triggered a collective sell-off in the technology sector due to the AI revenue guidance for 2027 not being "explosive enough". However, Wall Street analysts quickly spoke out, claiming that this was a misjudgment and that Broadcom Inc.'s true explosiveness will not be fully unleashed until after 2027.
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