彭博社：存储芯片最好的押注！刘德音高位增持！

Core Viewpoint - Micron Technology's stock surged nearly 8%, reaching a historic high and surpassing a market capitalization of $400 billion, reflecting strong growth momentum in the storage chip sector driven by the AI wave [1][3]. Group 1: Company Developments - Micron held a groundbreaking ceremony for a $100 billion memory manufacturing complex in New York, which will include up to four fabs and become the largest semiconductor facility in the U.S. upon completion in 2030 [3]. - The company’s strategic moves, including the establishment of this facility, are aimed at solidifying its long-term production capacity [3]. Group 2: Insider Activity - Micron's board member, Liu Deyin, disclosed a significant stock purchase of 23,200 shares for $7.82 million, indicating confidence in the company's future despite its high stock price [6]. - Liu's background in the semiconductor industry and his previous role as chairman of TSMC lend credibility to his investment decision, suggesting he may have insights into Micron's undisclosed positive developments [6][7]. Group 3: Market Insights - The semiconductor industry is experiencing a structural bull market driven by AI, with professional investors like ClearBridge highlighting the potential for a decade-long upward cycle in storage chips [8]. - The supply-demand dynamics for high-bandwidth memory (HBM) are expected to remain tight until 2027, with Micron securing HBM supply orders for 2026 and planning to ramp up production of HBM4 products [8]. - The collaboration between Micron and TSMC in the AI chip supply chain could enhance their competitive edge, particularly in packaging and capacity coordination [7][8]. Group 4: Industry Outlook - The storage chip sector is transitioning from traditional cycles to an AI-driven structural bull market, with Micron and other leaders like Samsung and SK Hynix poised to benefit from this shift [8][9].