“存储荒”前所未有！内存芯片Q4或涨价35%

Group 1 - The global storage industry is experiencing unprecedented supply-demand tension due to surging AI demand and industry capacity adjustments, with a "storage crisis" worsening in recent months [1] - DRAM supply shortages are expected to persist until Q1 2027, with DDR memory demand projected to grow by 20.7%, significantly outpacing supply growth [1][2] - NAND flash shortages are anticipated to last until Q3 2026, leading to the most intense price increase cycle in nearly 30 years, with DDR contract prices expected to rise by 35% and NAND prices by 20% in Q4 this year [2] Group 2 - Major cloud service providers are extending their pre-purchase orders for storage components until 2028, indicating strong actual market demand rather than speculative hoarding [2][3] - Current inventory levels for storage components are critically low, with server DDR memory inventory sufficient for only 11 weeks, DRAM for personal computers and mobile devices for 9 weeks, and SSD inventory for just 8 weeks [2] - SK Hynix is expected to maintain a dominant position in the HBM4 market, holding approximately 70% market share, with target prices for SK Hynix and Samsung Electronics being raised significantly [4]