Micron and SanDisk surge to all-time highs in a single day, Gate-related stock contract trading heats up

Odaily Odaily report, May 27th, driven by UBS upgrading its rating and issuing the highest target price on Wall Street, the US stock memory chip sector experienced an epic surge. According to Gate platform data, Micron (MUUSDT) soared 21.40% to an all-time high, currently trading at $950.82; SanDisk (SNDKUSDT) rose 8.15% and is now at $1,633.66. As the focus of the AI hardware market shifts entirely towards the memory sector, trading activity for 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 its 24-hour trading volume reach $9.4332 million, up 451.14%, both ranking among the top 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 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.