Next week, three leading memory behemoths—SK Hynix, Samsung Electronics, and Kioxia—are poised to unveil their latest financial results in succession. Amid growing skepticism regarding the longevity of AI investments and the steadfastness of long-term memory contracts, these financial disclosures will stand as a pivotal litmus test for the profitability of these industry giants. SK Hynix will spearhead the reporting season by releasing its second-quarter financial report on July 29. Market analysts anticipate substantial growth in both revenue and profits, buoyed by the rising prices of DRAM and NAND flash memory. Samsung Electronics is scheduled to follow on July 30, with expectations that its performance will be bolstered by the same upward trend in DRAM and NAND flash memory prices, in addition to increased shipments of High Bandwidth Memory (HBM). Kioxia will round out the trio by releasing its financial report on July 31. The market is abuzz with anticipation that Kioxia's single-quarter profit could double compared to the previous quarter. The collective impact of these three financial reports will be pivotal in determining whether sustained demand for AI is effectively translating into tangible orders for HBM, DRAM, and enterprise-grade solid-state drives. This, in turn, will directly shape the trajectory of chip stocks in the upcoming phase.