US storage sector decline accelerates; SanDisk drops more than 11%
TechFlow reported that on November 5, according to Bitget market data, the US storage sector continues to face heavy selling pressure, with the Philadelphia Semiconductor Index falling 5.82%. In terms of individual stocks, SanDisk's decline widened to 11.00%, Western Digital fell 9.44%, Seagate Technology dropped 9.99%, SK Hynix fell 7.93%, and Micron Technology declined 7.03%. The declines of major individual stocks in the storage sector all approached or exceeded 7%.
TechFlow reported that on November 5, according to Bitget market data, the US storage sector continues to face heavy selling pressure, with the Philadelphia Semiconductor Index falling 5.82%. In terms of individual stocks, SanDisk's decline widened to 11.00%, Western Digital fell 9.44%, Seagate Technology dropped 9.99%, SK Hynix fell 7.93%, and Micron Technology declined 7.03%. The declines of major individual stocks in the storage sector all approached or exceeded 7%.
