On June 25, Silicon Motion Technology rose 6.21% in after-hours trading, trading at 345.0 USD/share, with turnover of $13.176 million, extending its recent strong momentum.

On the news front, the memory and storage sector supply shortage narrative continues to intensify. The company's Senior Vice President Nelson Duann previously warned that the current NAND shortage is \"just the beginning,\" as data centers are absorbing 70-80% of production capacity, and new fabs under construction will not deliver meaningful output until at least late next year, suggesting the supply crunch will persist through at least 2027. Institutional sentiment remains bullish, with CITIC Securities initiating a Buy rating on the stock, highlighting Silicon Motion's position as the global leading independent SSD controller chip company, benefiting from its 6nm PCIe 5.0 controller technology leadership and market share gains from NAND manufacturers exiting the controller business.

Within the Semiconductors sector, Micron Technology surged 10.03%, reinforcing strong sector-wide momentum. The company's Q1 earnings doubled year-over-year with management raising guidance, providing continued fundamental support.

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