近期以来，多国芯片巨头上调产品报价。据央视财经报道，过去半年，全球存储芯片价格持续上涨。特 别是最近一个月，涨价消息越发密集。 据《科创板日报》不完全统计： 进一步细分来看，在DRAM、HBM普遍昂贵且供给紧张的背景下，NAND有望成为AI时代新一轮主流 存储选择。 据悉，三星电子已着手开展HBF高带宽闪存产品的概念设计等前期开发工作。所谓HBF，是一种类似 HBM的专为AI领域设计的新型存储器架构，区别在于HBF使用NAND闪存代替DRAM。被称作"HBM之 父"的韩国科学技术院（KAIST）教授金正浩指出，当前的人工智能瓶颈在于内存带宽和容量，速度较 慢但容量更高的NAND闪存可以作为补充。 摩根士丹利预计，到2026年NAND闪存将出现高达8%的供应缺口。 此外，群联电子董事长潘健成近日接受采访时表示，SSD将成为大容量存储的主流选择，但目前与HDD 对比，两者占比为2：8，由于SSD新增容量不足，预期2026年起NAND闪存将严重短缺，且未来十年供 应都将紧张。 9月下旬，三星电子发出第四季度提价通知，计划将部分DRAM价格上调15%至30%，NAND闪存价格 上调5%至10%。 NAND闪存控制芯片 ...

经济观察网 据央视财经消息，过去半年，全球存储芯片价格持续上涨。特别是最近一个月，涨价消息 越发密集。韩国三星电子公司、美国闪迪等主要厂商近期陆续通知客户调整报价，现货市场价格也在短 时间内快速上行。资本市场对近期存储芯片行情的变化给出了直接反馈，多家厂商股价持续刷新历史最 高值。最近一个月，美光股价累计上涨约60%，铠侠与闪迪股价累计上涨均超过100%。从行业角度来 看，摩根士丹利的最新研报预测，人工智能热潮下，存储芯片行业预计迎来一个"超级周期"。 ...

Core Viewpoint - The storage chip industry is experiencing a significant price increase driven by strong demand from AI applications and data centers, with expectations of continued growth until at least the second half of 2026 [4][7][9]. Group 1: Price Increases and Market Dynamics - In September, major suppliers like SanDisk, Samsung, and Micron announced price hikes for storage products, with increases ranging from 10% to 30% [4][5]. - The DRAM spot prices have been rising, with key products showing a bullish trend, indicating a positive market sentiment [5]. - The second wave of price increases in the storage market is attributed to a supply-demand imbalance, with AI-driven demand outpacing supply constraints [9][17]. Group 2: AI's Impact on Storage Demand - The AI industry's growth is creating a surge in demand for storage solutions, particularly for AI servers that require substantial memory and storage capacity [9][21]. - The shift towards higher-margin products like DDR5 and HBM is evident as manufacturers reduce production of older, less profitable DRAM types [8][19]. - OpenAI's partnership with Samsung and SK Hynix highlights the explosive growth in DRAM demand, with plans to procure a significant portion of global DRAM capacity [21][22]. Group 3: Company Performance and Market Position - Companies like Jiangbolong are benefiting from the rising storage prices, with a notable recovery in their financial performance in Q2 2025 [13][14]. - Domestic companies such as Changxin Storage and Yangtze Memory Technologies are positioned well in the market, with significant advancements in DRAM and NAND technologies [19][20]. - The stock performance of storage-related companies has been strong, with several A-share stocks seeing increases of over 50% in September [2][14].

来源： 内容编译自 tom'SHARDWARE 曾 经 价 格 低 廉 的 固 态 硬 盘 （ SSD ， Solid State Drive ） 、 动 态 随 机 存 取 内 存 （ DRAM ， Dynamic Random Access Memory）和机械硬盘（HDD，Hard Disk Drive），如今价格正快速攀升。人工智 能（AI）需求激增与供应受限的双重作用，正造就多年来最紧张的市场格局。 几乎所有分析公司与内存制造商如今都在警告：NAND 闪存与 DRAM 内存即将出现短缺，未来数月 乃至数年，固态硬盘与内存价格将大幅飙升，部分机构甚至预测短缺可能持续十年。这一潜在短缺已 愈发难以忽视，行业发出的警告也愈发严峻——人工智能数据中心的巨大需求，已开始占据全球内存 与闪存产能的主导地位。 过去两年多来，存储升级一直是电脑攒机者难得的 "好消息"。2023 年，固态硬盘价格暴跌至历史最 低点，高性能 NVMe 固态硬盘的售价甚至与普通机械硬盘相差无几。DRAM 内存也紧随其后，价格 跌至近十年未见的低位。但到了 2024 年，形势彻底逆转，NAND 闪存与 DRAM 内存价格双双开启 上涨通道 ...

Market Analysis by covering: Warner Bros Discovery Inc, S&P 500, Western Digital Corporation, Seagate Technology PLC. Read 's Market Analysis on Investing.com ...

Core Viewpoint - The storage sector in the U.S. stock market continues its recent strong performance, with notable gains in several key companies [2] Company Performance - SanDisk Corp (SNDK.US) saw an increase of over 8% [2] - Micron Technology (MU.US) experienced a rise of more than 3% [2] - Seagate Technology (STX.US) and Western Digital (WDC.US) both rose nearly 2% [2]

Core Viewpoint - Storage concept stocks continue to show strong performance, with significant price increases in DRAM products indicating a supply shortage and potential for further price hikes in the fourth quarter [1] Group 1: Stock Performance - SanDisk Corp (SNDK.US) rose over 8% - Micron Technology (MU.US) increased by more than 3% - Seagate Technology (STX.US) and Western Digital (WDC.US) both saw nearly 2% gains [1] Group 2: DRAM Pricing - Average spot price for general DRAM (DDR4 8Gb) reached $5.868 in September, marking the highest level of the year - This price represents an increase of nearly five times compared to the low of $1 in the first quarter - Mainstream memory semiconductor DDR5 16Gb average spot price hit $6.927, up over 40% from $4.70 at the beginning of the year - Current prices are approaching the peak levels seen during the semiconductor boom in 2018, which ranged from $7.19 to $8.19 [1] Group 3: Market Forecast - Institutions predict that various DRAM products will continue to see price increases in the fourth quarter due to ongoing supply constraints [1]

Market Performance - The S&P 500 index increased by 3.5% in September, marking its fifth consecutive monthly gain, compared to a 1.9% gain in August [1] Top-Performing Stocks - Warner Brothers Discovery experienced a significant surge of 68.1% in September, attributed to its brand portfolio and plans to split into two entities, alongside rumors of a potential buyout [2] - AppLovin saw a rise of 49.2% in September, with a market value of $243 billion, providing software solutions for app developers and achieving a three-year average annual gain of 233% [3] - Western Digital's stock increased by 46.6% in September, driven by the growing demand for data storage due to cloud computing and artificial intelligence, with several investment banks raising their price targets for the company [4]

Core Insights - The article highlights the significant growth in earnings for companies providing essential AI infrastructure, particularly focusing on Palantir Technologies and hard drive manufacturers Seagate Technology and Western Digital [1][2][3]. Company Performance - Palantir Technologies has experienced rapid software adoption, especially among enterprise customers, leading to strong revenue growth and a 143% stock increase year-to-date [2]. - Seagate Technology reported a 52% year-over-year increase in nearline capacity shipments, while Western Digital saw a 36% increase [7]. - Both Seagate and Western Digital have exhibited strong revenue growth and margin expansion, with Seagate's gross margin expanding by 7 percentage points and Western Digital's by 6.1 percentage points [8]. Earnings Growth - Seagate's earnings per share climbed 147% year-over-year last quarter, while Western Digital's operating income for its remaining business also increased by 147% year-over-year [9]. - The demand for hard drives, particularly for nearline storage, has surged due to the growing need for data storage in AI applications [5][6]. Market Dynamics - The hard drive industry is cyclical, and while current earnings are strong, there is a risk of a downturn as high fixed costs may impact future profitability [10]. - Long-term spending commitments from major AI players, such as OpenAI's $400 billion investment in data centers over the next three years, may extend the current cycle [11]. Competitive Advantage - Seagate expects to enhance its price advantage in 2026 through its heat-assisted magnetic recording (HAMR) technology, while Western Digital is slightly behind in scaling its next-generation technology [12]. - The forward P/E ratios for Seagate and Western Digital are 22 and 18, respectively, indicating that while they may appear cheap compared to other AI stocks, they are relatively expensive compared to their historical valuations [13].

Core Insights - Western Digital Corp (WDC) stock has recently experienced a decline of 1.3% to $128.90 after reaching record highs, following the announcement of a $1.5 billion investment in Japan over the next five years [1] - The company has seen a remarkable increase of over 300% since early April, with a 49.4% rise in September alone, contributing to a year-to-date gain of 185.3% [2] - There is a notable increase in options trading activity, with 16,000 puts exchanged today, nearly double the typical volume, indicating a potential correction [2] - Short interest in WDC has risen by 12.4% in the last two weeks, now representing 11.5% of the available float, suggesting significant short covering potential [3]