US Stock Market Move | Storage concept opened higher Western Digital Corporation (WDC.US) rose more than 4%

On Wednesday, the concept of storage opened higher, with Western Digital Corporation (WDC.US) rising over 4%, Seagate Technology Holdings PLC (STX.US) increasing by over 3%, Micron Technology, Inc. (MU.US) up over 1%, and SanDisk (SNDK.US) rising nearly 1%. On the news front, according to ComputerBase's tracking data on prices of memory, HDD and SSD, the current storage shortage crisis is far from over. The latest data in mid-June showed that memory prices are still at extremely high levels, with a slight increase from the previous month. Compared to September 2025 as a baseline, the average price of DDR5 memory has increased by 288%, further expanding from the 282% increase one month ago. This means that currently, a set of mainstream 32GB DDR5 memory is almost four times the price it was before, with the only exception being a DDR4 product that has dropped in price by about 10% since mid-May, which is the only category that has seen a significant decrease. Industry forecasts indicate that the memory shortage is expected to last at least until the second half of 2026, with no signs of prices dropping yet. HDD prices have shown even more astounding increases, with the average HDD price rising by 88% compared to the baseline last month, and now jumping past the 100% mark this month to reach 107%, meaning that HDD prices are now more than twice what they were before.