Shenzhen Huaqiang stated on the interactive platform that the current storage market is generally in a period of high prosperity driven by AI computing power construction. Under the dual effects of AI computing power infrastructure releasing a massive incremental demand and strongly “siphoning” advanced production capacity, the supply of storage chips remains tight, and prices continue to rise. Prices increased significantly in the first half of the year, and it is expected that the price increases will slow down in the second half of the year, but the pattern of tight supply and strong demand for storage chips has not changed at present.

Affected by the continuous rise in costs of storage chips and key components, global smartphone manufacturers are facing the dual pressures of production cuts and general increases in terminal prices.

International oil prices have fallen for the fifth consecutive trading day.

Over 4,100 stocks in the entire market rose in value.

After this round of selling and volatility, market participants also noted that as the investment dividends from AI spill over, trading in AI has become more diversified, and at the same time, investment opportunities have also emerged in non-AI transactions.

Samsung and SK Hynix, two major storage giants with strong cash flows at present, are attempting to reward shareholders by distributing more cash and dividends.