On October 4, reports indicated that over the preceding six months, prices of global memory chips have been on a steady upward trajectory. The past month, in particular, has witnessed a flurry of news regarding price increases. Leading manufacturers, including South Korea's Samsung Electronics and the U.S.-based SanDisk, have sequentially informed their customers about price adjustments, and prices in the spot market have also surged swiftly. The capital market has reacted favorably, with the stock prices of numerous manufacturers consistently hitting new peaks. Over the past month, Micron's stock price has experienced a cumulative rise of approximately 60%, while Kioxia and SanDisk have witnessed cumulative stock price hikes surpassing 100%. As per Morgan Stanley's latest research report, propelled by the artificial intelligence boom, the memory chip industry is poised to enter a super cycle.