Ge Long Hui·2026-01-21 15:25Core Viewpoint - The storage chip sector continues to experience significant gains, with companies like Micron Technology and Western Digital seeing stock increases of over 5%, while SanDisk reached a peak increase of 4.6%, marking new historical highs [1] Group 1: Market Dynamics - Samsung Electronics and SK Hynix, two major South Korean memory chip manufacturers, are reportedly set to continue reducing NAND flash production, which may exacerbate supply shortages [1] - Micron executives have reiterated that the memory shortage is expected to persist until after 2026 [1] Group 2: Analyst Ratings and Price Targets - Citigroup has recently raised target prices for several storage chip manufacturers, with the most significant increase for SanDisk, raising its target from $280 to $490 while maintaining a "buy" rating [1] - The report from Citigroup highlights that these companies are major beneficiaries of strong demand from hyperscale data centers, which supports rising storage prices [1]