【大涨解读】闪存：外资大行称行业迎来“前所未有四年定价上行周期”，全球存储公司迎来共振

Core Viewpoint - The storage sector has experienced significant gains, with companies like Demingli, Chengbang, and Shentek reaching their daily price limits, while others like Jiangbolong and Tianshan Electronics saw increases exceeding 10% [1][2]. Group 1: Stock Performance - Demingli (001309.SZ) has seen a 10% increase, with a market cap of 32.704 billion, focusing on enterprise-level storage applications [2]. - Chengbang (603316.SS) also rose by 10%, with a market cap of 3.634 billion, planning to raise 129 million to enhance its semiconductor storage business [2]. - Shentek (000021.SZ) increased by 9.98%, with a market cap of 43.673 billion, specializing in storage chip packaging and testing [2]. - Jiangbolong (301308.SZ) surged by 16.33%, with a market cap of 47.358 billion, recognized as a comprehensive semiconductor storage giant [2]. - Tianshan Electronics saw an 11.65% rise, with a market cap of 4.075 billion, investing in new storage technology [2]. Group 2: Market Trends - U.S. storage stocks have continued to rise, with significant increases in companies like SanDisk (16.87%), Western Digital (9.23%), and Micron (4.22%) [3]. - Morgan Stanley highlights that AI computing is driving demand for high-performance memory, leading to a structural growth phase in the industry, with expectations of a pricing upcycle in the DRAM market from 2024 to 2027, potentially reaching a global storage market size of nearly $300 billion by 2027 [3]. - The CFM flash memory market anticipates a price increase of over 10% for server eSSD and 10-15% for DDR5 RDIMM in Q4 [3]. Group 3: Supply Dynamics - Major storage manufacturers, including SanDisk and Micron, have announced price increases, indicating a potential upward trend in the NAND flash market [4]. - AI's demand for SSDs is projected to exceed 45EB in 2024, with an average annual growth rate of over 60% for AI server SSD demand [5]. - Supply constraints in Nearline HDDs due to limited capacity have led to a shift towards eSSD for cold data storage, with current production rates for NAND at about 70-80% [6].