Movement Alert｜Western Digital Rises 3.69% in Regular Trading, Storage Chip Sector Rebounds as NVIDIA Raises AI Server Prices on Memory Cost Increases

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On August 25, Western Digital rose 3.69% in regular trading, trading at $450.0/share, with turnover of $156 million. The storage chip sector staged a broad rebound, with SanDisk up over 3%, SK Hynix up over 2%, and Seagate Technology up over 2%.

On the news front, NVIDIA notified customers that it would raise AI server prices by up to 15% next year, citing rising memory costs, which effectively confirmed sustained strength in storage demand and pricing power. The previous trading day, the storage sector had come under collective pressure after SanDisk issued a profit guidance midpoint below some analysts' expectations, with Western Digital falling over 3%. The current rebound appears driven by a combination of oversold recovery and renewed confidence in storage pricing momentum.

Within the Technology Hardware, Storage & Peripherals sector, SanDisk Corp. rose 3.74%, Apple rose 0.24%, Super Micro Computer rose 5.0%, Dell Technologies rose 2.66%, and Seagate Technology rose 3.2%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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