On September 22, Western Digital rose 3.49% in regular trading, trading at $468.35/share, with turnover of $510 million. The storage sector has posted consecutive days of collective strength.

On the news front, the memory supply-demand gap theme continued to intensify. Delivery lead times for critical components of semiconductor manufacturing equipment in South Korea have more than doubled, further exacerbating supply-side bottlenecks. Bank of America recently raised its DRAM average selling price forecast by 8%-12% and lifted its global memory total addressable market projection from $1.8 trillion to $2 trillion, forecasting a DRAM plus NAND sales compound annual growth rate of 21%, explicitly pointing to a long-term super cycle. Meanwhile, Citi projected global memory capital expenditure to surge 46.5% year-over-year to $80.4 billion, yet noted that constraints from HBM capacity occupation, slower technology migration, and lengthy construction timelines mean even massive investment may fail to close the supply-demand gap.

Among sector peers, SanDisk Corp. rose 7.09%, Seagate Technology rose 4.64%, and Apple rose 0.80%, as the sector sustained a broad upward move.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)