On July 30, Hewlett Packard Enterprise fell 3.13% in after-hours trading, trading at $43.03/share, with turnover of approximately $10.03 million. The decline came as the storage sector extended its recent weakness, dragging down the broader hardware industry.

On the news front, a Morgan Stanley report warned that the AI-driven semiconductor storage boom is approaching an inflection point, with memory contract prices expected to peak in Q4. Additionally, CXMT's IPO financing to fund capacity expansion is seen as a direct threat to the mid-to-long-term pricing power and market share of US-listed storage companies. Earlier this week on July 28, the sector had already suffered a broad selloff, with peers such as Dell declining over 13% and Western Digital falling over 13% in a single session.

Within the Technology Hardware, Storage & Peripherals sector, peers continued to trade lower, with SanDisk down 3.21%, Western Digital down 3.52%, Dell down 1.93%, and Seagate down 1.63%, reflecting persistently weak industry sentiment.

(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.)