Group 1 - Morgan Stanley highlights that the AI boom is driving a "super cycle" in the storage industry, predicting upward momentum will extend into the second half of next year, benefiting South Korean chipmakers [1][2] - Samsung Electronics is reportedly increasing prices for DRAM and NAND flash storage in Q4, with DRAM prices expected to rise by 15%-30% and NAND by 5%-10% [2] - Demand for enterprise solid-state drives (eSSD) is surging, with order volumes for eSSD expected to match this year's total, leading to a projected 8% supply shortage for NAND next year [1][2] Group 2 - The average price of DRAM in Q4 is anticipated to be 9% higher than current levels, driven by demand from cloud server chips [2] - Morgan Stanley has upgraded the investment rating for South Korean semiconductor manufacturers from "neutral" to "attractive," raising Samsung Electronics' target price by 12% to 96,000 KRW [3] - SK Hynix has paused its price increase notifications but is reportedly coordinating with clients to adjust prices based on market conditions [2][3]
大摩：AI引爆"存储超级循环"，三星带头涨价或持续至明年
Jing Ji Ri Bao·2025-09-23 23:34