On Monday, storage-related stocks demonstrated strength against the broader market decline, with SanDisk Corp. (SNDK.US) climbing more than 6%. Western Digital (WDC.US) advanced over 3%, while Seagate Technology PLC (STX.US) and Micron Technology (MU.US) each rose more than 1%. The rally follows a recent storage industry report from Bank of America Global Research, which stated clearly that the sector is in a super-cycle. The report indicated that Middle East conflicts have had almost no impact on the storage supply chain, as the flash memory chip industry is highly self-contained within Asia. It also highlighted that demand for both DRAM and NAND remains strong, significantly outstripping current production capacity. Average operating profit margins in the DRAM sector are expected to easily exceed 60%, with NAND surpassing 30%. Supporting this outlook, South Korea’s semiconductor exports surged 161% year-over-year in February, while Taiwan’s Nanya Technology reported a 587% jump in February sales compared to the same period last year.