Micron, SanDisk surge to record highs in a single day; trading activity for Gate-related stock contracts heats up

Odaily Planet Daily News, May 27 – Driven by UBS upgrading its rating and setting the highest target price on Wall Street, the US memory chip sector experienced an epic surge. According to Gate platform data, Micron (MUUSDT) skyrocketed 21.40% to an all-time high, now trading at $950.82; SanDisk (SNDKUSDT) surged 8.15%, now at $1,633.66. As the focus of AI hardware momentum fully shifts towards the memory segment, trading activity in related contracts continues to climb. According to Coinglass data, Gate MU's 24-hour trading volume reached $19.133 million, an increase of 770.75%; SanDisk (SNDK) saw a 24-hour trading volume of $9.4332 million, up 451.14%, both ranking among the highest in the market.

Gate is continuously bridging crypto and traditional financial trading scenarios through its unified account system. Users can conveniently trade global mainstream assets such as stocks, metals, forex, indices, and commodities using a single USDT account, further enhancing cross-market trading efficiency and capital utilization flexibility. Gate has listed over 130 US stock-related perpetual contract instruments and more than 430 CFD contract instruments. It continues to expand its diverse product lines, including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.