On the morning of September 30th, the A-share storage chip sector put on a robust performance. Jiangbo Long soared to its daily price limit, while Hua Hong Semiconductor's stock price climbed by more than 17%, propelling its market capitalization beyond the 200 billion yuan mark. Stocks of Hengshuo Co., Ltd., Biwin Storage, and other related companies also surged by over 10%. Both Demingli and Shenzhen Technologies reached their daily price limits, while Winbond's stock nearly jumped by 9%. In parallel, storage chip concept stocks experienced a significant rally in the overnight U.S. stock market, with Micron Technology's shares climbing by more than 4% and Western Digital's by over 9%.
Recently, several suppliers have announced price increases for their storage products. Samsung Electronics notified its major customers of a 15% to 30% hike in prices for LPDDR4X, 5, and 5X. Supply chain industry sources disclosed that following Micron's resumption of price quoting, new prices for DRAM and NAND products surged by over 20%. The latest quotes from CFM revealed that nearly all DDR4 and DDR5 products saw price hikes this week, with DDR4 8Gb 3200 products experiencing a weekly increase of up to 25%. A research report from CITIC Securities forecasts that the upward trajectory in the storage market will persist at least until the second half of 2026.