Memory Stocks Soar, Cooling Stocks Sink
Huang's comments at CES triggered sharp market reactions. Memory storage stocks surged after he predicted the sector could become "the largest storage market in the world, basically holding the working memory of the world's AIs". Sandisk Corporation jumped 27.56% on January 6, marking its best single-day performance since February. Western Digital gained 16.77%, while Seagate Technology rose more than 14%.