近日，全球存储市场迎来新一轮涨价潮，存储卡、内存等核心存储产品价格持续攀升，波及终端零售市 场。 其他相机存储卡也出现不同程度上涨。有消费者春节前一周入手的TF卡，十余天涨幅超46%；还有消费 者反馈SD卡从此前的600多元涨至千元以上。 多位摄影器材店老板也感知到这一变化，摄影器材店老板孙俊（化名）表示，相机存储卡价格涨得比较 厉害，整体翻倍涨，有的甚至涨三四倍。摄影器材店老板刘旭（化名）也表示，相机存储卡涨价是最多 的，有些涨幅甚至在60%。 苏商银行特约研究员付一夫指出，此次相机存储卡普涨且多品类翻倍，是上游成本传导、产能结构性倾 斜与终端需求共振的结果，并非短期炒作。一方面，存储芯片供应收缩，三星、美光等2025年起大幅减 产NAND与DRAM，库存跌至五年低位，推动闪存价格暴涨；另一方面，AI服务器抢占产能，厂商将先 进制程优先分配给利润更高的企业级存储，消费级内存卡产能被挤压；此外，终端需求叠加，春节旅行 热、自媒体创作刚需推高采购量，渠道商囤货加剧稀缺，共同放大了涨价幅度。 在杭州百脑汇数码商场，不少经营存储产品的商家直言："这样的涨价前所未有"。 "我做这行将近有20年了，之前（价格）一直比较 ...

近日，全球存储市场迎来新一轮涨价潮，存储卡、内存等核心存储产品价格持续攀升，波及终端零售市场。 潮新闻记者走访了杭州百脑汇数码商场，不少经营存储产品的商家直言：这样的涨价前所未有。 bit service and production 苏商银行特约研究员付一夫指出，此次相机存储卡普涨且多品类翻倍，是上游成本传导、产能结构性倾斜与终端需 求共振的结果，并非短期炒作。此外，终端需求叠加，春节旅行热、自媒体创作刚需推高采购量，渠道商囤货加剧 稀缺，共同放大了涨价幅度。 "我做这行将近有20年了，之前（价格）一直比较稳定，现在每天一个价格就涨得太高了，这价格自己都接受不 了。" 来源：潮新闻 据商家们分析，此次涨价并非短期炒作，核心源于多重因素叠加："存储芯片紧张是一方面，另一方面是AI的发展特 别快，产生了大量的需求。" 据媒体报道，多位摄影器材店老板也感知到这一变化，有摄影器材店老板表示，相机存储卡整体翻倍涨，有的甚至 涨了三四倍。 SD卡涨价三倍在英英文 记者去年9月放在购物车的内存卡 EJA59元涨至1197元 商家直言。 这篇的涨价前所未有 消费者周铭（化名）购入大疆后也发现内存卡"好贵"，他于春节前一周买 ...

Group 1 - The global storage market is experiencing a significant price increase for core storage products such as memory cards and RAM, affecting the retail market [1][2] - Retailers report unprecedented price hikes, with some products seeing prices rise daily, indicating a long-term trend rather than short-term speculation [1] - Factors contributing to the price surge include a shortage of storage chips and rapidly increasing demand driven by advancements in AI technology [1][2] Group 2 - Prices for camera storage cards have reportedly doubled or even tripled, with specific examples showing a 60% increase in some products [2] - Consumer experiences highlight the dramatic price changes, with a 256GB SanDisk TF card increasing from 269 yuan to 394 yuan, and a 128GB Lexar V60 card surpassing 1,000 yuan from a previous price of 600 yuan [2] - The price increases are attributed to a combination of upstream cost transmission, structural capacity issues, and heightened end-user demand, particularly during peak travel seasons and the rise of content creation needs [2]

当前，存储芯片成本的上涨 正引发连锁反应 这一影响已波及手机行业 相关话题登上热搜 不过有数码博主表示，手机涨价的原罪并非存储，而是全供应链材料集体涨价带来的结果。 千元机正在消失？ 据智通财经消息，供应链最新信息显示，继2024年下半年触底反弹后，手机内存及存储芯片价格已连续多个季度保持上涨趋势，2026年伊始涨幅进一步扩 大。 多位产业链人士证实，当前智能手机存储芯片采购成本较去年同期已上涨超过80%，且仍未见放缓迹象。受此成本压力传导，据渠道及ODM厂商透露， OPPO、一加、vivo、小米、iQOO、荣耀等多家头部手机品牌已拟定于3月初启动新一轮产品价格调整。这将是近五年来手机行业规模最大、涨幅最为显 著的一轮集体调价。 随着内存成本的频繁波动，2026年中国手机市场或将面临历史上首次一年内多次上调价格的局面。 从主流品牌调价情况来看，国内厂商的近期发布的红米K90系列、iQOO 15等新款机型较上一代涨价100-600元不等，联想、OPPO等品牌的中端机型也普 遍上调售价，部分机型涨幅达20%。 TrendForce 集邦咨询2026年2月的数据显示：近三个月手机存储芯片现货价格累计上涨超过 300 ...

Group 1 - The core viewpoint of the articles indicates a significant price increase in smartphone memory and storage chips, with costs rising over 80% compared to the same period last year, leading to a collective price adjustment among major smartphone brands in March 2026 [1] - Major smartphone brands such as OPPO, OnePlus, vivo, Xiaomi, iQOO, and Honor are expected to initiate a price adjustment, marking the largest and most significant price increase in the smartphone industry in five years [1] - Counterpoint Research forecasts that the average price of new smartphones in the Chinese market will increase by 15% to 25% compared to similar models in 2025 after March [1] Group 2 - The PC industry is also anticipated to experience a price increase, with major OEMs like Dell, Lenovo, HP, and HPE expected to raise server costs by approximately 15% and PC prices by about 5% [2] - Lenovo has reportedly issued a public notice in North America regarding price increases for commercial products, including PCs, tablets, and smartphones, urging customers to place orders before the price hike [2] Group 3 - The surge in chip prices is primarily driven by the demand from AI servers, with memory prices experiencing a record increase of 80% to 90% as of the first quarter of 2026 [3] - The price of NAND flash memory has also risen by 80% to 90%, contributing to a comprehensive price increase across all categories and segments in the market [3] - Analysts suggest that OEMs may need to adapt their procurement strategies and focus on high-end models to justify higher product pricing due to rising component costs and weakening consumer purchasing power [3] Group 4 - There is a divergence of opinion in the market regarding the sustainability of the price increases, with some industry insiders speculating that a significant drop in memory prices could occur as early as the second half of 2026 [4] - Analysts predict that the memory industry will reach unprecedented profit levels, with DRAM operating profit margins hitting 60% in Q4 2025, and expectations for Q1 2026 to exceed historical peaks [4] - The current stability in the memory market may be deceptive, as a potential downturn could lead to even more severe market conditions [4]

收购预期落空引发估值坍塌 根据公告，开普云原计划通过"支付现金+发行股份"的方式，购买深圳市金泰克半导体有限公司（下 称"金泰克"）持有的南宁泰克100%股权，并募集配套资金。就收购原因，开普云表示，公司在AI大模 型、AI智能体和行业应用信息化智能化领域的专长与南宁泰克在存储技术研发的实力相结合，可以推 动AI优化存储解决方案的开发。 收购事项延宕半年后，开普云（688228.SH）一纸公告宣布终止计划，引发股价大跌。 2月24日晚间，开普云公告称，因交易核心条款未能达成一致，公司决定终止收购南宁泰克半导体有限 公司（下称"南宁泰克"）100%股权的重大资产重组计划。市场此前对该笔收购能否达成已有疑虑，公 司股价自1月末见顶后便持续单边下行。 随着收购的正式落空，2月25日早盘，开普云股价大跌，盘中最大跌幅超18%，最终收跌14.78%，报收 115.68元，最近15个交易日累计下挫54%。为应对股价的持续下跌，公司同步抛出股份回购方案，拟以 不超过315元/股的价格，动用自有资金5000万元至1亿元进行回购，以维护公司价值及股东权益。 然而市场担忧的是，在资产注入预期不再、主营业务盈利能力孱弱的背景下，这 ...

2月25日，开普云（688228.SH）股价大幅低开，截至午间收盘，报120.82元/股，跌16.45%，月内股 价"腰斩"。 消息面上，2月24日晚，开普云公告终止筹划半年之久的重大资产重组事项。公司表示，自筹划本次重 大资产重组事项以来，公司积极组织交易各方、各中介机构推进本次重大资产重组各项工作。受市场环 境变化影响，交易双方未能就交易核心条款达成一致意见。经公司董事会充分审慎研究，决定终止本次 重大资产重组事项。 对于此次重组失败，21快讯记者以投资者身份致电开普云，公司接线工作人员坦言，由于当前存储行业 景气度较高，标的公司对自身估值期望过高，双方未能就交易对价达成一致，"加上他们公司本身前期 积累的基本面，对审计和评估工作造成了比较大的困难"。 尽管此次收购受挫，但该工作人员强调，当前市场上存储涨价的趋势印证了公司管理层此前对行业判断 的正确性，即存力与算力深度绑定，是AI发展的重要基础设施。公司未来发展的整体战略不会改变， 仍将围绕AI主业持续布局。 值得注意的是，为维护公司价值及股东权益，2月24日晚间，开普云还发布公告称，拟以集中竞价的交 易方式回购公司股份，回购资金总额不低于5000万元， ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 开普云（688228）筹划半年的收购，宣布终止。 2月24日晚，开普云公告，终止重大资产重组。 开普云于2025年8月底公告，拟通过支付现金的方式，购买深圳市金泰克半导体有限公司（以下简称"深 圳金泰克"）持有的南宁泰克半导体有限公司（以下简称"南宁泰克"）70%股权，并以发行股份的方式 购买深圳金泰克持有的南宁泰克30%股权并募集配套资金。 此次交易对方是深圳金泰克，标的资产是南宁泰克，深圳金泰克系南宁泰克股东，目前持有其100%股 权。 按照计划，开普云拟向深圳金泰克收购其全部存储产品业务。具体方案为深圳金泰克将其存储产品业务 的经营性资产下沉转移至其全资子公司南宁泰克，公司通过支付现金及发行股份的方式，购买南宁泰克 100%股权。 根据Wind数据，从停牌前的2025年8月8日到今年1月27日，开普云累计上涨超过320%。不过，自今年1 月底开始，开普云股价出现显著回调，2月2日，公司股价跌停。1月28日至2月24日，累计跌幅超过 45%。2月24日，开普云股价收于144.6元/股，总市值约98亿元。 对于突然终止此次收购，开普云 ...

Core Viewpoint - Recent reports of "memory price flash crash" in the domestic market have attracted significant attention from the capital market and the industry, although investigations indicate that current spot prices for memory have shown slight declines, the extent is limited and has not led to a systematic industry downturn [1][4]. Group 1: Market Dynamics - In the North American market, some leading storage companies have experienced high-level stock price corrections, and rumors of price softening at the channel level have intensified discussions about an "early cycle turning point" [1]. - Some subcategories have even seen a phase of "rebound" in prices [2]. - Channel feedback indicates that market speculation has cooled, but the overall supply-demand structure has not fundamentally reversed [3]. Group 2: Supply and Demand Analysis - The current "flash crash" rumors are primarily concentrated in the channel spot market rather than the original factory contract market, with inventory management and cash flow needs among channel vendors contributing to short-term price fluctuations [4]. - On the supply side, major manufacturers like Samsung Electronics, SK Hynix, and Micron Technology are maintaining a cautious capacity strategy, focusing on high-end product lines driven by AI computing demand, while traditional DRAM and NAND capacity expansions remain controlled [4][5]. - The absence of significant supply increases is a key reason for the industry's belief that a "flash crash" is unlikely [5]. Group 3: Market Sentiment and Valuation - The high-level adjustments in the North American capital market for storage stocks have amplified market sentiment, with previous AI narratives driving significant valuation recovery in the storage sector [6]. - Short-term profit-taking and cautious sentiment ahead of the holiday season have led to the rapid spread of "flash crash" narratives, but from a fundamental perspective, there are no signs of significant inventory accumulation or proactive price cuts by manufacturers to gain market share [6].

尽管三星电子（KRX：005930）、台积电（TSM）和美光（MU）等硬件领导者因内存供应趋紧吸引资 金流入，但亚洲股市追随美国股市因AI颠覆担忧而下跌。 责任编辑：张俊 SF065 如何抓住黄金波段机会？聪明钱的选择，黄金+股票一键搞定>> 责任编辑：张俊 SF065 尽管三星电子（KRX：005930）、台积电（TSM）和美光（MU）等硬件领导者因内存供应趋紧吸引资 金流入，但亚洲股市追随美国股市因AI颠覆担忧而下跌。 如何抓住黄金波段机会？聪明钱的选择，黄金+股票一键搞定>> ...