Bank of America: Open-source large models such as Kimi K3 boost AI storage demand, reiterates "buy" rating on Micron (MU.US)

Wisdom Finance and Economics APP learned that a recent research report from Bank of America pointed out that the release of the new generation of open source large models, including Kimi K3 launched by the Dark Side of the Moon recently, further strengthened its long-term bullish logic on the AI storage market and Micron Technology (MU.US). Boosted by the positive news, stocks in the storage sector soared collectively on Tuesday, with Micron Technology (MU.US) rising by over 8%, SK Hynix (SKHY.US) rising by over 9%, and SanDisk (SNDK.US) rising by over 10%.