存储芯片行业周度跟踪：行业市场需求平淡，威刚称DRAM和NAND下半年或将持续涨价

Investment Rating - The industry investment rating is maintained at "Overweight" [1] Core Insights - The NAND market is experiencing slight price fluctuations, with expectations for price increases in the second half of 2024. The average price change for 22 NAND product categories ranged from -2.12% to 3.32%, with an average change of 0.25% [1] - DRAM prices are also fluctuating, with expectations for double-digit growth in Q3 2024 and high single-digit growth in Q4 2024, driven by increased demand from AI applications. The average price change for 18 DRAM product categories ranged from -3.98% to -0.07%, with an average decline of 1.08% [1] - The HBM industry is expected to benefit from the rising demand for AI chips, with Rebellions planning to mass-produce AI chips equipped with 144GB of memory by the end of the year [1][11] Summary by Sections 1. Storage Chip Weekly Price Tracking - NAND prices are expected to maintain an upward trend in the second half of 2024, despite a slowdown in the rate of increase due to improved upstream capacity [1] - DRAM prices are projected to see significant growth in Q3 2024, with limited supply expected to drive prices higher [1] 2. Industry News - The channel memory prices have dropped below the levels of the same period in 2023, with overall market demand remaining weak [9] - The storage market is facing uncertainty, particularly in consumer demand, which has not improved despite seasonal factors [9] 3. Company Dynamics - Companies like 江波龙 are actively engaging with major clients in AI development, providing storage solutions for various AI applications [13] - 德明利 is enhancing its management practices to improve operational efficiency and adapt to currency fluctuations [12] 4. Company Announcements - 江波龙 plans to provide guarantees for its subsidiaries totaling up to RMB 90 billion [15] - 兆易创新 is proposing a share buyback of approximately 1.25 million shares, representing 0.19% of its total share capital [15]