Shenzhen Huaqiang said on an interactive platform on October 13 that the overall storage market is currently in a boom cycle driven by the construction of AI computing power. Under the dual effects of AI computing power infrastructure releasing massive incremental demand and strongly “siphoning” advanced production capacity, the supply of memory chips continues to be tight, and prices continue to rise. The price increase in the first half of the year was huge, and the price increase in the second half of the year is expected to subside, but the pattern of tight supply and strong demand for memory chips has not changed.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.