存储调价延续，定制芯片获龙头加码 | 投研报告

Core Insights - The electronic industry index of Shenwan increased by 8.49% from October 20 to October 24, ranking second among 31 industries and outperforming the CSI 300 index by 5.25% [1][5] Market Review - Major memory suppliers, including Samsung and SK Hynix, plan to adjust prices in Q4, with potential increases of up to 30% for DRAM and NAND products, following a previous price notification in September [1] - There is a growing demand for memory due to AI applications, with AI servers requiring DRAM capacity that is eight times that of standard servers and NAND capacity three times higher [1] - The supply-demand relationship in the storage market is improving, driven by reduced production from manufacturers and increased demand from consumer electronics and AI applications [1] Investment Strategy - Companies to watch in the domestic AI industry chain include Cambrian-U, Haiguang Information, and Chipone Technology [3] - In the consumer electronics and edge AI sectors, notable companies include Luxshare Precision, Lens Technology, and Goertek [3] - For semiconductor equipment and advanced process foundries, focus on SMIC, Hua Hong Semiconductor, and North Huachuang [3] - Emphasis on niche storage, memory interface chips, and storage modules, with companies like Zhaoyi Innovation and Changjiang Storage being highlighted [3]