Under the storage super cycle, the market is crazily grabbing HDDs. Citigroup bets on the "high-capacity storage giants" in the super bull market.

Tencent Finance APP learned that as of the close of the US stock market on Tuesday, the stock prices of the two leading mechanical hard drive (HDD) products in the United States - Seagate (STX.US), which focuses on enterprise high-capacity HDD storage, and Western Digital (WDC.US) - have risen by 215% and 256% respectively year-to-date. According to analysts at Citigroup on Wall Street, these two storage companies are expected to continue benefiting from a new and unprecedented "storage super cycle," and the upward trend in their stock prices shows no signs of stopping. Citigroup has significantly raised the 12-month target stock prices for these two major storage companies, citing the continued strong momentum of storage product volume and price increases as the core reason.