不过存储价格上涨的趋势确实仍未见停歇。瑞银 3 月 2 日发布报告，其进一步上调存储合约价格预测。 瑞银目前预计，2026 年第一季度 DDR 合约价格环比上涨72%（此前预测为 + 62%）；服务器 DDR5 合 约价格已达到1.0 美元 / Gb。同时，瑞银预计 NAND 合约价格环比上涨65%（此前预测为 + 40%）。 以下文章来源于AI产业链研究 ，作者研究 AI产业链研究 . 围绕人工智能展开研究，涵盖基础设施、算法及应用等多个方面，同时也会分享研究过程中的一些心得 体会 3 月 3 日，存储板块预计集体跌停，SK 海力士、三 星电子股价延续跌势，跌幅逼近 10% 对于 2026 年第二季度，瑞银上调 DDR 合约价格预测至环比再涨40%（此前预测为 + 15%），服务器 DDR5 价格将逼近1.3–1.5 美元 / Gb；NAND 合约价格预计环比上涨30%（此前预测为 + 15%）。 而 NAND 方面，瑞银将本轮周期高点从2027 年第一季度延后至2027 年第二季度，行业整体对周期持续 时间的判断仍较瑞银更为乐观。 | | Q125 | Q225 | Q325 | Q425 | 2025 ...

智通财经APP讯，佰维存储(688525.SH)披露2025年年度业绩快报，2025年度实现营业总收入112.96亿 元，同比增长68.72%;归属于母公司所有者的净利润8.67亿元，同比增长437.56%。 公司在智能穿戴领域深耕多年，构建了差异化的竞争优势，公司ePOP等代表性存储产品具有低功耗、 快响应、轻薄小巧等优势，产品表现出色，已进Meta、Rokid、雷鸟创新、闪极等国内外知名AI/AR眼 镜厂商，Google、小天才、小米等国内外知名智能穿戴厂商供应链体系。2025年公司AI新兴端侧存储产 品收入约17.51亿元，其中，AI眼镜存储产品收入约9.6亿元。2026年随着AI眼镜的放量，公司与Meta等 重点客户的合作不断深入，将推动公司相关存储产品业务的持续高速增长。 ...

（编辑 王雪儿） 证券日报网2月27日讯 ，江波龙在接受调研者提问时表示，公司mSSD作为传统SMT工艺SSD的升级形 态，通过Wafer级系统级封装（SiP），实现轻薄化、紧凑化，在满足存储协议低功耗要求、大幅降低空 间占用的同时，保持了与传统SSD相当的性能水平，并具备更优异的物理特性和综合成本优势。mSSD 作为一项重大的产品创新，市场前景广阔。围绕该产品，公司已经构建了丰富的知识产权布局，并基于 自主封测实力，实现了技术从研发验证向实际商业落地的顺利转化，mSSD产品正在多家头部PC厂商加 快导入。 ...

深圳市江波龙电子股份有限公司 编号：2026-003 | 投资者关系活动 | √特定对象调研 | □分析师会议 | □媒体采访 | | --- | --- | --- | --- | | 类别 | □业绩说明会 | □新闻发布会 | □路演活动 | | | □现场参观 | □电话会议 | □其他 | | 参与单位名称及 人员姓名 | 东方证券、鹏华基金、Willing Capital | | | | 时间 | 2026 年 2 月 25 日 | (周三) 15:00-16:00 | | | 地点 | 深圳市前海深港合作区南山街道听海大道 | | 5059 号鸿荣源前 | | | 海金融中心二期 B | 座 2301 | | | 上市公司接待人 | 投资者关系经理 | 黄琦 | | | 员姓名 | 投资者关系资深主管 | 苏阳春 | | | | 1、如何看待公司主控芯片的技术能力？公司主控芯片 | | --- | --- | | | 整体的应用规划？ | | | 答：公司目前已推出了应用于 UFS、eMMC、SD 卡、高端 | | | USB 等领域的多款主控芯片。公司主控芯片采用领先于主流 | | | 产品的 ...

另一方面，春节后多条航线机票现白菜价，航空股全天低迷，三大航空股领跌，南航大跌5%，半导体 存储概念股部分表现弱势，兆易创新大跌近8%，昨日逆势大涨的电力设备股下跌，军工股、苹果概念 股、建材水泥股普跌。(格隆汇) 具体盘面上，昨日领衔大市下跌的权重科技股、大金融股多数反弹上涨，尤其是腾讯盘中一度涨3.6% 短暂回到530港元，友邦保险、广发证券、工商银行纷纷上涨，其中中银香港再创历史新高！海外煤炭 涨价性价比优势消失，进口约束预期支撑国内煤价，煤炭股午后涨幅进一步加大，中煤能源劲升约 7%；生物医药股、钢铁股、电力股、石油股、电信股、影视股多数表现活跃。 昨日大幅下跌的港股三大指数止跌回暖，截止收盘，恒生指数涨0.95%报26630点，国企指数、恒生科 技指数分别上涨0.51%及0.56%。值得注意的是，南下资金净买入港股超140亿港元。 ...

SK海力士与闪迪正式联手推进高带宽闪存（HBF）全球标准化，这一新型存储技术被定位为AI推理时 代填补HBM与SSD之间层级空白的关键解决方案，两家公司的合作标志着下一代存储架构竞争进入实 质性布局阶段。 2月25日，两家公司在位于加利福尼亚州米尔皮塔斯的闪迪总部举办"HBF规格标准化联盟启动"活动， 宣布将在开放计算项目（OCP）框架下成立专属工作组，正式推进HBF标准化工作。SK海力士总裁兼 首席开发官Ahn Hyun表示，HBF技术标准化将帮助公司构建协作体系，"为客户与合作伙伴呈现AI时代 优化的存储架构，创造新价值"。 在商业化预期方面，被称为"HBM之父"的韩国科学技术院教授Kim Joungho近期表示，HBF的落地节奏 较此前预期明显提前，三星电子与闪迪计划于2027年底至2028年初将HBF集成至英伟达、AMD及谷歌 的产品中，长期来看其市场规模有望于2038年前后超越HBM。 对市场而言，此次标准化启动意味着能够同时提供HBM与HBF的全栈存储解决方案供应商战略地位将 持续提升。业界预计HBF相关存储解决方案的需求将于2030年前后进入快速增长阶段。 HBF定位：填补HBM与SSD之间的存 ...

Core Viewpoint - The company, Dike Co., Ltd. (300842), has successfully launched mass production of various memory products and plans to enhance its market development and product R&D efforts in the storage sector to capitalize on high-demand market opportunities [1] Group 1: Product Development - The subsidiary, Dream Crystal Technology, has commenced mass production of LPDDR3/4/4X, LPDDR5/5X, and DDR4 series products [1] - The company is also focusing on high-performance products such as CXL and LpwHBM to meet diverse application scenarios ranging from mobile devices to AI high-bandwidth applications [1] Group 2: Market Strategy - The company intends to increase its efforts in storage market development and product research and development [1] - The strategy aims to leverage the opportunities presented by a booming market [1]

Market Performance - The Hong Kong stock market indices experienced a decline in the afternoon, with the Hang Seng Tech Index falling by 0.19%, while the Hang Seng Index and the National Enterprises Index rose by 0.66% and 0.3% respectively, halting the previous day's significant drop [1] Sector Performance - Major technology stocks showed signs of recovery, with Meituan increasing by 1.6%, and Alibaba, Tencent, and JD.com also experiencing slight gains. Tencent hit a recent low during the previous trading session [1] - The real estate sector saw a boost following Shanghai's new housing policy "沪七条," which further relaxed housing purchase restrictions, leading to a rally in domestic property stocks. Notably, Chongqing Steel surged by 27% at one point, ultimately closing up by 8.7% [1] - The non-ferrous metal sector, including copper, aluminum, and gold stocks, was notably active, with Lingbao Gold reaching a historical high. Major players like WISCO Resources, China Aluminum, and China Hongqiao all saw significant increases [1] - The restaurant sector performed well during the Spring Festival, with Haidilao leading the gains among restaurant stocks [1] Weak Performers - Semiconductor storage concept stocks, which had led the market in the previous day, mostly retreated, with Langqi Technology dropping over 7% and Zhaoyi Innovation falling by 4.5% [1] - Other sectors such as paper, automotive dealerships, electric power, water utilities, and automotive stocks showed weak performance [1]

Group 1 - The stock price of a company surged over 14%, reaching a new historical high of 445 HKD during intraday trading, with a current price of 442 HKD and a trading volume exceeding 600 million HKD [1] Group 2 - On February 20, Hynix stated in a conference call that it is unable to meet all customer demands due to strong demand from AI clients and limited supply, leading to a continuous increase in storage prices this year [4] - Hynix reported that the inventory for DRAM and NAND is only about 4 weeks, and this level is expected to continue to decline throughout the year [4] - The company is in discussions with major clients regarding long-term contracts, and all HBM (High Bandwidth Memory) for 2026 has been sold out, with production plans already allocated to meet customer demands [4] - The current tight supply and demand for traditional DRAM may lead to more favorable terms for HBM business in 2027 [4] - Huajin Securities noted that with the steady upward cycle of storage, the company is expected to maintain its leading position as it continues to advance storage chip process iterations and categories [4] - The potential for customized DRAM to open up incremental space is highlighted, alongside the growth of MCU, sensors, and analog businesses in the context of consumer electronics, automotive electronics, and industrial smartization, indicating continued performance growth [4]

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 1.93% to 26,560.57 points, the Hang Seng Tech Index down by 2.36% to 5,258.33 points, and the Hang Seng China Enterprises Index decreasing by 2.06% to 9,007.78 points [1][2]. Major Stocks Performance - Major technology stocks saw significant declines: Alibaba fell by 2.96%, Tencent by 3.44%, JD.com by 0.19%, Xiaomi by 1.86%, NetEase by 0.71%, Meituan by 4.76%, Kuaishou by 3.79%, and Bilibili by 2.73% [2]. Film and Entertainment Sector - The film and entertainment sector faced substantial drops, with DMG Entertainment down by 9% and Maoyan Entertainment falling over 7%, hitting new lows. According to a report from CICC, the effective box office for the first six days of the 2026 Spring Festival was 5.077 billion yuan, a decrease of 38.7% compared to the previous year. The expected box office for the period may fall below the previously anticipated range of 6.5 to 8.5 billion yuan due to a lack of leading films [3]. Tourism and Retail Sector - The tourism and retail sector also declined, with China Duty Free Group dropping over 8%. During the first five days of the Spring Festival holiday, duty-free shopping in Hainan reached 1.38 billion yuan, with 177,000 shoppers, representing increases of 19% and 24.6% year-on-year, respectively. However, the stock price of China Duty Free has largely reflected this demand [3]. Semiconductor Sector - The semiconductor and memory stocks showed resilience, with Hynix reporting strong demand from AI clients and limited supply, leading to continued price increases in memory products. Hynix indicated that its inventory for DRAM and NAND is only about four weeks, and it expects this level to continue to decline throughout the year [4]. AI Applications - AI application companies, particularly Zhiyuan and MINIMAX-WP, performed strongly, with Zhiyuan rising nearly 21% and MINIMAX-WP up nearly 8%. Reports indicate that Chinese large models are capturing a significant share of the global developer market, with Chinese models accounting for 61% of the total token volume [4].