The Zhitong Finance App learned that on Friday, US stock storage concept stocks continued their gains at the beginning of the market. SK Hynix (SKHY.US) and SanDisk (SNDK.US) rose nearly 9%, Western Digital (WDC.US) and Seagate (STX.US) rose nearly 8%, and Micron Technology (MU.US) rose more than 6%. As of press release, the gains in the above stocks have all narrowed sharply, and Micron and SanDisk have taken back their gains and turned down. According to the news, Kioxia released its quarterly earnings report for April to June this year on Friday afternoon, but the results fell short of expectations, indicating that the sharp rise in the price of flash memory driven by artificial intelligence may be slowing down.

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