US Stock Market Move | Storage chip concept stocks fell at the beginning of trading, with SanDisk (SNDK.US) dropping nearly 10%.

On Monday, US stock prices for memory chip companies dropped in early trading, with SanDisk (SNDK.US) falling nearly 10%, and SK Hynix (SKHY.US) and Micron Technology, Inc. (MU.US) both down over 6%. In news, Samsung's shareholder return plan was "below expectations," and the details of its massive shareholder return program disappointed the market. Analysts believe that the dividend size for the third quarter was lower than expected, and the failure to announce a stock buyback did not bring any additional surprises. As an industry leader, Samsung's negative sentiment directly dragged down the performance of other memory stocks.