Storage Chip Concept Active, Tongyou Technology Soars 20% Daily Limit, Baivi Storage Reaches New High

Source: Securities Times Network Author: Wu Yongfang

The storage chip concept experienced strong performance during the trading session on the 18th. As of the time of writing, Tongyou Technology hit the 20% daily limit, Langke Technology rose over 16% to a new high, Shenkeda increased more than 15%, Chengbang Shares and China Electronics Port also hit the daily limit; Baiwei Storage rose nearly 9%, continuing to reach new highs during the session.

On the news front, on March 17th, SK Group Chairman Chey Tae-won stated at NVIDIA GTC that due to systemic bottlenecks in chip production, he expects the global memory chip shortage to likely continue until 2030. Meanwhile, he predicted that prices for various storage chips such as DRAM, NAND, and HBM will continue to rise, and the upward trend may last for a long time.

Southwest Securities pointed out that the unexpected iterative upgrade of AI large model technology has led to explosive growth in global token consumption, resulting in massive data storage, processing, and retrieval demands. The storage industry is entering a super boom cycle. Overseas major manufacturers are shifting limited capacity toward high-profit HBM and DDR5 products, severely squeezing capacity for consumer and low-end storage chips, expanding the supply-demand gap. Additionally, after over-expanding capacity and capital expenditure in the last cycle, storage manufacturers are now more cautious in expanding capacity during this cycle. High-end HBM storage chips face issues such as long cleanroom construction cycles and difficulty in improving yield rates, leading to short-term tight supply. Against the backdrop of exploding demand and rigid supply, CFM flash memory market forecasts suggest that storage prices will continue to rise overall through 2026.

The institution believes that under the strong momentum of the global storage industry, domestic storage companies are rapidly rising by leveraging engineer dividends, improved infrastructure, and a complete industry chain. Represented by Yangtze Memory, Changxin Storage, GigaDevice, and Jiangbolong, these local enterprises are expanding capacity and steadily improving yields through independent architecture innovation and process iteration. They are making comprehensive breakthroughs in AI computing power, consumer electronics, and enterprise markets, driving China’s storage industry from scale growth to technological leadership.