Micron, SanDisk Surge to All-Time Highs in Single Day, Gate-Related Stock Contract Trading Heats Up

Odaily, May 27 – Driven by UBS raising its rating and setting the highest target price on Wall Street, the US memory chip sector experienced a historic surge. According to Gate platform data, Micron (MUUSDT) skyrocketed 21.40% to an all-time high, currently trading at $950.82; SanDisk (SNDKUSDT) surged 8.15%, currently trading at $1,633.66. As the focus of the AI hardware market shifts entirely 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) recorded a 24-hour turnover of $9.4332 million, an increase of 451.14%, both ranking among the market leaders.

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 products and more than 430 CFD contract products, while continuously expanding its diverse product lines including spot tokens, perpetual contracts, and on-chain assets. Supporting 7×24 hour trading, it offers users a more flexible and efficient one-stop global asset trading experience.