The popularity of the memory chip sector is heating up, Gate SanDisk and Micron Technology are actively trading derivatives

Share prices of SNDK and Micron Technology (MU) rebounded, and market attention for related target markets continued to increase. According to Gate market data, SNDK is now trading at US$1,390.52, a 2.52% increase in 24 hours; Micron Technology (MU) is now trading at US$866.18, a 2.00% increase in 24 hours. With the fluctuations in the sector's market, derivatives trading related to the two major targets continued to be active. According to Coinglass data, the 24-hour transaction volume of the GateSNDK contract reached US$163 million, and the position reached US$32.33 million; the 24-hour transaction volume of the GateMU contract reached US$37.59 million, and the position reached US$18.08 million, ranking among the top of the entire network.